The unprecedented stimulus bill approved unanimously by the Senate has an estimated $2 trillion price tag that backers hope will lessen the coronavirus pandemic's human and economic toll.
The chamber passed the legislation Wednesday night as workers face widespread layoffs, hospitals and states starve for resources and businesses small and large worry about their survival. The House aims to pass it by Friday.
The bill, designed to offer relief to individuals, the health-care system and even an entire corporate sector ravaged by the outbreak, would:
As COVID-19 spreads across the U.S., there are now more than 65,000 cases and at least 900 deaths from it, according to Johns Hopkins University. Patients have flooded hospitals in New York City, the epicenter of the outbreak in the U.S., as states around the country plead for more critical resources such as masks and ventilators.
As businesses and schools close across the country to slow the outbreak, a wave of layoffs and furloughs has hit Americans. States are expected to report historic unemployment claims as the economy slows and workers struggle to cover bills.
— CNBC's Kayla Tausche contributed to this report