Coronavirus: German parliament approves massive aid package
In Germany, the parliament has approved a sweeping rescue package to cushion the economic damage caused by the pandemic. The country has seen a sharp increase in coronavirus deaths, up 30 percent from yesterday to today's total of 206. The measures approved by parliament will support the country's healthcare infrastructure and pump billions of euros into struggling businesses. In a historic move lawmakers voted to suspend the normal limits on government borrowing.
After reaching a deal overnight, the Senate is expected to vote on a coronavirus aid package that includes two trillion dollars in financial relief. NBC's Garrett Haake reports from Capitol Hill. Aired on 3/25/2020. Sen. Mike Lee (R-Utah) has raised questions about provisions of the ‘phase three' coronavirus aid package. He said parts of the proposal could be interpreted as a bailout of particular industry sectors. One America's John Hines caught up with the Utah Republican and has this exclusive interview. An $82 billion aid package to help Canadians weather the COVID-19 pandemic has stalled in Parliament. Opposition parties are balking at measures in the proposed legislation that would give unprecedented spending powers to Finance Minister Bill Morneau. Democratic presidential candidate Joe Biden says the congressional aid package addressing the coronavirus outbreak goes a long way. But the former vice president says the agreement requires "meticulous oversight" and isn't all-encompassing. (March 25)