25 March 2020

Bipartisan deal reportedly reached on COVID-19 relief bill

Senate Majority Leader Mitch McConnell (R-KY) has said they've reached a bipartisan agreement on a roughly $2 trillion congressional bill to address the coronavirus crisis. The Senate is expected to pass the legislation later today.

According to McConnell, this third coronavirus bill would provide direct checks to households from the middle class on down, expand unemployment insurance, provide loans to small businesses, stabilize key industries while keeping companies accountable, invest in medicines and vaccines, and provide medical equipment to the frontlines of the crisis.

To learn more about what this legislation could mean for you, join us this Friday, March 27 from 1:00-2:00 p.m. EDT (note new time) for the second webcast in our series discussing Tax in the time of COVID-19. Click here to register.

Document ID: 2020-0683