Jim Cramer: This Proposed Stimulus Is What We Need
Stimulus negotiations are ongoing on Capitol Hill. And there are reports that a bipartisan group of senators will introduce a framework for coronavirus aid.
The legislation would provide $908 billion in aid and also shield businesses from coronavirus lawsuits for a few months to allow states to develop their own liability reforms, according to a draft reviewed by Politico.
The proposal includes $160 billion in state and local aid, $180 billion in additional unemployment insurance and $288 billion for small businesses. It also has $82 billion for schools as well as $45 billion for transportation and includes money for health care.
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