Congress on brink of deal on $  900 billion relief package after resolving key dispute

A deal on a long-awaited rescue package to deliver much-needed aid to struggling Americans suddenly was within reach after a major breakthrough Saturday night over a key sticking point: the role of the Federal Reserve to intervene in the US economy.

After days of tense negotiations over a provision pushed by Sen. Pat Toomey to pare back the role of the central bank’s emergency lending authority, Senate Minority Leader Chuck Schumer and the Pennsylvania Republican reached a deal in principle over the provision, helpers gesê. Nou, the two sides will draft the legislative language to ensure it reflects the outlines of the deal.
Dit is 'n treffende verhaal en sal opgedateer word.

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