"The past two days of intense bipartisan talks are very close to a resolution," said Senate Majority Leader Mitch McConnell, who intends to hold a vote to pass the sprawling package on Monday. He said he has asked committee chairmen to produce final language for the bill by late Saturday. Democratic leader Chuck Schumer, who met twice on Saturday with Treasury Secretary Steven Mnuchin, agreed that progress was being made. Major US airlines and their unions also called on Congress to include federal cash grants to support industry paychecks. The prospective legislation already includes $58 billion in loans and loan guarantees for passenger airlines and air cargo carriers.

Source: bd News24 March 22, 2020 09:11 UTC