WASHINGTON (Reuters) – The U.S. Senate’s drive to pass a $1-trillion-plus coronavirus response bill remained stymied late on Sunday, as Democrats held out for more money to help state and local governments and hospitals, while Republicans urged quick action to give financial markets a sign of encouragement. Earlier on Sunday, the Senate failed to get the necessary 60 votes in the 100-member chamber to get the Republican plan over a procedural hurdle after days of negotiations, with 47 senators voting in favor and 47 opposed. Later on Sunday, Senate Majority Leader Mitch McConnell, a Republican, announced he would hold a repeat vote early on Monday, only to be blocked by Senate Democratic Leader Chuck Schumer. In response, McConnell accused Democrats of “reckless behavior” that could further upset financial markets and delay much-needed aid to battle the coronavirus outbreak. But Democrats held their ground with Schumer calling the Republican plan “a giant, giant corporate bailout fund with no accountability.” Amid the partisan attacks, Schumer said that private negotiations were making progress. White House legislative liaison Eric Ueland told reporters a “handful” of disagreements still had to be resolved. Treasury Secretary Steven Mnuchin shuttled between the offices of the Republican leader and… Read full this story
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