U.S. Senate Republicans mulling $1,200 payment to Americans -Sen. Cramer

U.S. Senate Republicans are considering as part of their coronavirus stimulus plan a maximum direct payment of $1,200 to individuals making $75,000 a year or less, Senator Kevin Cramer said on Thursday.

In addition, to help the hard-hit airline industry, the plan likely would rely on loans and not grants to the sector, he said.