Jim Cramer: This Proposed Stimulus Is What We Need

Author:
Publish date:
Video Rating:
TV-G
Video Duration:
1:19

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.

WATCH: Everything Jim Cramer Is Watching in Markets Tuesday

Latest Videos From TheStreet and Jim Cramer: