Third Economic Relief Bill Currently Being Negotiated; Could be as Large as $2 Trillion

At about 12:45 a.m. on Saturday, March 14, the US House of Representatives, by a vote of 363-40, with 26 members not voting and with a two-thirds vote required under suspension of the rules, passed a revised version of HR 6201, the Families First Coronavirus Response Act, as amendedEvery one of the 223 Democrats who voted cast their vote for the bill. They were joined by 140 Republicans, while 40 House Republicans broke ranks with the majority of their party and voted against the bill, and the House’s lone independent voted present.

On Monday evening, March 16, after very extensive negotiations that occurred since House passage of H.R. 6201 early on Saturday morning, H. Res. 904 was adopted by unanimous consent making significant technical corrections in the engrossment of H.R. 6201, the Families First Coronavirus Response Act.

House passage followed extensive negotiations between Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin on behalf of the White House, which led to a number of material changes in the text of the bill as originally introduced by House Democrats.

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