UPDATE 1-U.S. Senate's coronavirus package would be worth more than $2 trillion – White House adviser

(Adds Kudlow quote)

By David Morgan

WASHINGTON, March 21 (Reuters) – The coronavirus stimulus package being negotiated by the U.S. Senate would be worth more than $2 trillion, White House economic adviser Larry Kudlow said on Saturday.

“The package is coming in at about 10 percent of GDP,” Kudlow told reporters. Asked if that amounted to more than $2 trillion, Kudlow said: “That’s correct.”

“We’re just trying to cover the right bases,” Kudlow said as he entered the talks. “It’s a problem of weeks and months, not years. We just want a bridge.”

Kudlow also said lawmakers are considering a payroll tax holiday for small businesses. (Reporting by David Morgan; Writing by Jan Wolfe; Editing by Daniel Wallis and Tom Brown)

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