BREAKING NEWS — Senate Approves $484 Billion CARES Act Expansion

April 21, 2020 

By Caity Witucki
Contributing Editor

BREAKING NEWS — Senate Approves Nearly $500 Billion CARES Act Expansion

On Wednesday, April 21, 2020, the U.S. Senate voted unanimously to approve a nearly $500 billion expansion to the Coronavirus Aid, Relief, and Economic Security (CARES) Act. 

The interim emergency relief bill provides:

  • $320 billion for the Paycheck Protection Program
  • $60 billion for economic injury disaster loans
  • $75 billion for hospitals
  • $25 billion for COVID-19 testing.

House majority leader, Steny Hoyer, has indicated that the House is prepared to vote on the expansion Thursday, April 23, 2020 around 10:00 AM eastern. 

This is a developing story. We will provide updates as we learn more.