The Senate voted 50-49 on Saturday to approve President Biden's $1.9 trillion COVID relief package.Why it matters: COVID relief has been a central promise for Biden, and passing the sweeping package has been a major priority for the administration and congressional Democrats. Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeWhat's next: The House is expected to take up the Senate version of the bill next week before it is sent to Biden for his signature. Context: The bill passed more than 24 hours after the Senate opened debate. Republicans forced dozens of votes overnight into Saturday on amendments in an effort to stall the process. Democrats approved the package through the budget reconciliation process, meaning it did not require any Republican support to pass.However, the reconciliation process also prevented Democrats from including a provision to increase the minimum wage to $15/hour in the legislation. The Senate parliamentarian ruled last month that the wage increase does not directly affect the federal government’s finances.What they're saying: "I promised the American people that help is on the way. Today, I can say we've taken one more giant step forward in delivering on that promise," Biden said from the White House Saturday."This plan puts on a path to defeating this virus," the president added.Senate Majority Leader Chuck Schumer (D-N.Y.) said just before final passage that the "bill will deliver more help to more people than anything the federal government has done in decades." Senate Minority Leader Mitch McConnell (R-Ky.) called the bill "the most progressive" piece of legislation "in a generation," according to NBC News.Highlights from the bill: Expanded federal funding for COVID programs, including $46 billion for testing and tracing; $7.6 billion for pandemic response at community health centers; $5.2 billion to support research, development and manufacturing of vaccines, therapeutics and other medical products; and $7.7 billion to expand the public health care workforce.$1,400 stimulus payments for most Americans. $128.6 billion to help K-12 schools reopen.$350 billion in state and local aid.$25 billion in aid to restaurants and other food and drinking establishments.$19 billion in emergency rental assistance.$7.25 billion in funds for Paycheck Protection Program loans.The bill also extending the enhanced unemployment insurance of $300 per week through Sept. 6. Editor's note: This story has been updated add Biden's comments and clarify the Senate version of the bill extends enhanced unemployment insurance through Sept. 6. Like this article? Get more from Axios and subscribe to Axios Markets for free.