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Senate leaders reached agreement early Wednesday on a $2 trillion stimulus package to bolster the U.S. economy as the country battles coronavirus.

The unprecedented legislation will send $1,200 checks to many Americans, create a $367 billion loan program for small businesses and set up a $500 billion fund for industries, cities and states, the Washington Post reported. Quick passage of the bill in Congress is expected.

The help cannot come too soon, as more than 100 million Americans — nearly 1 in 3 — have now been ordered by their state's governors to stay home.

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