'Light at the end of the tunnel': Lawmakers near COVID deal

Senate Democratic Leader Chuck Schumer said "everyone is committed to achieving a result. And we will not leave until we get the job done."

The $900 billion price tag for the package would be paid for by $600 billion in repurposed funds from other parts of the budget, and $300 billion in new money, according to a senator privy to the discussions.

Video Transcript

MITCH MCCONNELL: Now we can see the light at the end of the tunnel, Mr. President. Operation Warp Speed has given us safe and effective vaccines in record time, but the American people need another bridge to those better days that are not so far off.

The country needs Congress to come through with another targeted rescue package. They've waited months. They've waited and suffered, and some have died while needless political games have played out. The American [? people ?] wait for more emergency assistance [? ought ?] to be over.

And a bipartisan, bicameral agreement appears to be close at hand.

CHUCK SCHUMER: When it comes to unemployment benefits, stimulus checks, aid to small businesses, and so much else, we have a responsibility to get this right. People's lives depend upon it.

None of the remaining hurdles cannot be overcome. Everyone is committed to achieving a result, and we will not leave until we get the job done.