Home / News / NYS News / Senate reaches deal on coronavirus stimulus that Cuomo calls “terrible”

Senate reaches deal on coronavirus stimulus that Cuomo calls “terrible”

WASHINGTON — Senate leaders and the White House have reached a deal on a sprawling $2 trillion economic stimulus package to respond to the coronavirus epidemic enveloping the nation.

New York Gov. Andrew M. Cuomo and Senate Democratic Leader Charles E. Schumer, D-N.Y., clashed on the level of funding the legislation would send to the state, with Cuomo blasting the bill that Schumer negotiated as “terrible.”

After five days of furious negotiating, the legislation is expected to pass the Senate Wednesday.

Cuomo said the bill would send $3.8 billion to New York and $1.3 billion for New York City.

“That’s a drop in the bucket as to need,” Cuomo said. “We need more federal help than this bill gives us. The House bill would have given us $17 billion, the Senate bill gives us $3 billion. That is a dramatic, dramatic difference.”

In contrast, Schumer, who lead negotiations over the legislation on behalf of Democrats, said Wednesday the package would send New York over $40 billion. Text of the legislation has not yet been released.

The bill will also create a $150 billion relief fund for state and local governments, Schumer’s office said, as requested by Cuomo. The fund will deliver at least $7.5 billion …read more

Thank you Source: NYS News

About Admin