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You can find the current article at its original source at https://www.theguardian.com/us-news/live/2020/mar/25/coronavirus-us-live-trump-news-stimulus-package-deal-senate
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Coronavirus US live: Senate and White House strike $2tn stimulus package deal | Coronavirus US live: Senate and White House strike $2tn stimulus package deal |
(32 minutes later) | |
Package includes $250bn for direct payments to individuals and families and $350bn in small business loans | Package includes $250bn for direct payments to individuals and families and $350bn in small business loans |
North Dakota senator Kevin Cramer apologized Wednesday for a late-night tweet in which he used an offensive term to describe Nancy Pelosi, claiming to be “really sorry it happened.” | |
Overnight Tuesday, the Republican senator responded to a video clip of his Democratic rival speaking on the coronavirus relief bill. In it, Cramer referred to the US house speaker as “retarded.” | |
“It’s a word I just don’t apply to people,” he said. “I can be pretty tough in my rhetoric, but that’s not a word I apply to people for really good obvious reasons.” | |
Cramer first blamed autocorrect, claiming he meant to type “ridiculous” instead. He said he didn’t notice the actual tweet until he went to draft another tweet. | |
Congressional negotiators struck a deal on a $2tn package after days of intense negotiations. Pelosi has yet to respond to the tweet or apology. | |
US Commerce: Manufacturing up before coronavirus outbreak | |
The US Commerce Department said Wednesday that orders to American factories for big-ticket goods rose by solidly in February, but the gain came before the coronavirus had shut down much of the country. | |
Some analysis suggests the country has already delved into a recession due to the coronavirus outbreak. The most pessimistic forecasts show the gross domestic product plunging by 20% or more in the April-June quarter. | |
Analysts said they expected a sharp deterioration in orders to show up in the March report. | |
Donald Trump shuttered his own properties while publicly defying calls for businesses to do the same. The Washington Post reports 6 of the president’s top seven clubs and hotels were shut down due to public gathering restrictions. | |
The move potentially deprived Trump’s businesses of millions of dollars in revenue. From the Post’s David Fahrenthold: | |
Critics are calling it no coincidence that Trump’s calls to reopen America come as his businesses begin to feel the economic impact. | |
Wall street opens with boost from late-night stimulus news | Wall street opens with boost from late-night stimulus news |
Stocks opened higher on Wednesday following the overnight announcement that US senate leaders and the White House reached a deal to stimulate a slumping economy from the coronavirus outbreak with nearly $2tn in aid. | Stocks opened higher on Wednesday following the overnight announcement that US senate leaders and the White House reached a deal to stimulate a slumping economy from the coronavirus outbreak with nearly $2tn in aid. |
From the AP: | From the AP: |
The AP added that “market volatility is likely to continue both up and down until the severity of the outbreak eases.” Stay up-to-date on the latest business news by following our business live blog. | The AP added that “market volatility is likely to continue both up and down until the severity of the outbreak eases.” Stay up-to-date on the latest business news by following our business live blog. |
The Bernie Sanders campaign wants to remind you: | The Bernie Sanders campaign wants to remind you: |
The Vermont senator will take part in an upcoming primary debate, if it isn’t cancelled due to the coronavirus outbreak. | The Vermont senator will take part in an upcoming primary debate, if it isn’t cancelled due to the coronavirus outbreak. |
As the Washington Post’s Sean Sullivan reported, it’s former US vice president Joe Biden’s timid responses to the growing outbreak that may be the reason why Sanders remains in the race. | As the Washington Post’s Sean Sullivan reported, it’s former US vice president Joe Biden’s timid responses to the growing outbreak that may be the reason why Sanders remains in the race. |
March 15’s debate between Sanders and frontrunner Biden was held without a live audience. It’s unclear, however, if and when the next debate, scheduled for April, will happen at all. | March 15’s debate between Sanders and frontrunner Biden was held without a live audience. It’s unclear, however, if and when the next debate, scheduled for April, will happen at all. |
Trump celebrates Romney’s negative coronavirus test on Twitter | Trump celebrates Romney’s negative coronavirus test on Twitter |
Donald Trump’s has taken his defiance to coronavirus fears to another level, mockingly commenting on the statuses of former rivals and political figures on Twitter. | Donald Trump’s has taken his defiance to coronavirus fears to another level, mockingly commenting on the statuses of former rivals and political figures on Twitter. |
Early this morning, the president tweeted a sarcastically congratulatory note for Utah senator Mitt Romney, who announced he’s tested negative for the virus. | Early this morning, the president tweeted a sarcastically congratulatory note for Utah senator Mitt Romney, who announced he’s tested negative for the virus. |
Also in Trump’s crosshairs was Michael Avenatti, the former attorney for adult film star Stormy Daniels, who sued the president over a non-disclosure agreement related to a hush, $130,000 payment for her silence over an extramarital affair. | Also in Trump’s crosshairs was Michael Avenatti, the former attorney for adult film star Stormy Daniels, who sued the president over a non-disclosure agreement related to a hush, $130,000 payment for her silence over an extramarital affair. |
Perhaps Trump is emboldened by a new gallup poll showing 60% of Americans approve of his handling of the coronavirus outbreak, 49 % approve of his job performance overall. | Perhaps Trump is emboldened by a new gallup poll showing 60% of Americans approve of his handling of the coronavirus outbreak, 49 % approve of his job performance overall. |
Overnight, the White House and US senate leaders struck a deal for a $2tn economic stimulus package amid the coronavirus pandemic. | Overnight, the White House and US senate leaders struck a deal for a $2tn economic stimulus package amid the coronavirus pandemic. |
“Ladies and gentleman, we are done,” White House legislative affairs director Eric Ueland announced shortly before 1am ET. “We have a deal.” | “Ladies and gentleman, we are done,” White House legislative affairs director Eric Ueland announced shortly before 1am ET. “We have a deal.” |
From CNN: | From CNN: |
Good day, I’m Kenya Evelyn kicking off the our US politics/coronavirus liveblog. | Good day, I’m Kenya Evelyn kicking off the our US politics/coronavirus liveblog. |
We’re following the latest out of Washington as Donald Trump congratulates his former rival Mitt Romney for testing negative. | We’re following the latest out of Washington as Donald Trump congratulates his former rival Mitt Romney for testing negative. |
Plus we’re covering the outbreak as nationwide criticism of the administration grows as the number of people who test positive grows. | Plus we’re covering the outbreak as nationwide criticism of the administration grows as the number of people who test positive grows. |
Stay tuned. | Stay tuned. |