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Markets Drop As Senate Fails To Pass COVID-19 Aid/Stimulus Bill

WASHINGTON, D.C. (CBSNEWS.COM) - The Senate failed Sunday to advance a third economic stimulus package to help Americans and the American economy weather the coronavirus pandemic.

(credit: Getty Images)

The phase-3 support bill is expected to designate between $1.5 and $2 trillion to help businesses survive as millions of their customers are told to stay home. The Senate's inaction was weighing heavily on already-battered stock markets.

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