After days of intense negotiations, talks between Capitol Hill leaders and the White House over a “Phase 3” stimulus package to fight coronavirus broke down on Sunday, leading to a failed cloture vote meant to move the bill forward.
Why it matters: The emergency legislation, which is expected to be one of the largest and most expensive stimulus packages in American history (it could grow beyond $2 trillion), would deliver desperately needed aid to American families, small businesses, and corporations hit hardest by the virus.
