President TrumpDonald John TrumpFormer Pennsylvania governor: Biden nomination will be ‘virtually clinched’ after next Tuesday How coronavirus is changing Sunday’s debate The Memo: Coronavirus scrambles the art of campaigning MORE on Saturday touted the coronavirus response bill the House passed hours earlier, underscoring the bipartisan support behind the legislation.
“Good teamwork between Republicans & Democrats as the House passes the big CoronaVirus Relief Bill. People really pulled together. Nice to see!” Trump tweeted.
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The House passed the stimulus package in a 363-40 vote early Saturday morning. The legislation, which is intended to blunt the economic impacts of the coronavirus outbreak, includes provisions for paid sick or family leave and unemployment insurance. It also guarantees that all Americans can get free diagnostic testing for the illness.
The vote came after hours of speculation over whether Trump would support the bill. Speaker Nancy PelosiNancy PelosiPandemic derails resilient US economy Sunday shows preview: Lawmakers gear up for another week fighting the coronavirus, seek to curb fallout Coronavirus takes toll on Capitol Hill MORE (D-Calif.) and Treasury Secretary Steven MnuchinSteven Terner MnuchinSunday shows preview: Lawmakers gear up for another week fighting the coronavirus, seek to curb fallout Trump touts coronavirus response bill: ‘Good teamwork’ Trump faces toughest crisis of presidency in coronavirus MORE had spoken more than a dozen times on Friday alone to try to hammer out a deal, but the president did not publicly throw his support behind the package until Friday evening, after Pelosi announced that she and the administration had come to an accord.
The Senate is expected to take up the legislation sometime next week, with Senate Majority Leader Mitch McConnellAddison (Mitch) Mitchell McConnellCoronavirus takes toll on Capitol Hill Trump touts coronavirus response bill: ‘Good teamwork’ House passes bill to help prop up economy from coronavirus MORE (R-Ky.) saying that “senators will need to carefully review the version just passed by the House.”
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However, the bill’s passage in the House by such a large margin suggests that the legislation should pass through the Senate next week.
“So I think they will look a lot based upon how we vote, and they’ll be studying the bill as well,” said House Minority Leader Kevin McCarthyKevin Owen McCarthySunday shows preview: Lawmakers gear up for another week fighting the coronavirus, seek to curb fallout Trump touts coronavirus response bill: ‘Good teamwork’ House passes bill to help prop up economy from coronavirus MORE (R-Calif.). “But I do believe it will get through, as the president says he wants to sign it.”
Trump and Pelosi struck a deal on the coronavirus response package after the president on Friday afternoon declared a national emergency over the spreading virus, opening up billions of dollars in federal disaster relief money to respond to the crisis.
The president on Saturday also touted the previous day’s stock market rally, with stocks posting their biggest one-day gain since 2008, ending a crushing week of losses.
Stocks rallied after Trump, public health officials and corporate CEOs discussed the next phase of the U.S. response to the pandemic during a White House press conference shortly before markets closed.
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