US stocks slid on Tuesday as investors braced for prolonged negotiations between Democrats and Republicans on another round of economic stimulus.through the session. The $1 trillion package includes another round of $1,200 direct payments, a $60 billion expansion of small-business loans, and more than $100 billion for schools. Senate Majority Leader Mitch McConnell said a stimulus measure won't reach a vote unless it includes liability restrictions.
Senate Republicans' spending plan came in far below the $3.5 trillion sought by House Speaker Nancy Pelosi. Experts expect a long negotiation process before a package is passed.
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