During opening floor comments on Thursday, McConnell said that the Senate is looking to quickly draft and pass legislation that will provide swift relief to businesses and individuals struggling amid the coronavirus pandemic, as businesses, schools and airports have become virtual ghost towns.

The GOP stimulus proposal will call for direct payments to middle-income individuals and families — the centerpiece of Trump's $1 trillion stimulus plan — as well as $250 billion to $300 billion in relief for small businesses, tens of billions of dollars in loans for the airline industry and an array of health measures, according to lawmakers familiar with the talks.  

Senate Republicans say the direct payments will be modeled on the rebates sent out by the George W. Bush administration in 2008 to mitigate the effect of the financial crisis, payments that were phased out for individuals with income exceeding $75,000 and joint income more than $150,000. -The Hill