March 19, 2020 / 7:13 PM / 2 months ago

U.S. Senate Republicans mulling $1,200 payment to Americans -Sen. Cramer

WASHINGTON, March 19 (Reuters) - U.S. Senate Republicans are considering as part of their coronavirus stimulus plan a maximum direct payment of $1,200 to individuals making $75,000 a year or less, Senator Kevin Cramer said on Thursday.

In addition, to help the hard-hit airline industry, the plan likely would rely on loans and not grants to the sector, he said. (Reporting by Richard Cowan; Writing by Eric Beech; Editing by Sandra Maler)

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