Billionaire Mark Cuban has warned that there will be social unrest if a deal is not made soon to help struggling Americans.

Mr Cuban spoke to Fox News host Ed Henry on Tuesday morning and said that both sides need to work together to help those who are struggling.

“Well, I think both sides are getting it wrong,” he said. “There’s no such thing as a perfect deal. And perfection is the enemy of progress.”

Mr Cuban explained that the most important thing right now is that Americans are given the money they need to survive, saying that politicians “can deal with the rest later”.

He went on to say that the deal should not have taken this long and that clarity was needed for those worrying about paying rent.

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“What really matters are the people who can’t pay their rent, can’t pay their bills, are terrified about what comes next because maybe they have enough to get through this month, but if this goes on for two months or whatever they have no idea what’s going to happen in their lives,” Mr Cuban said.

“That’s wrong and this should have been done three days ago if not sooner.”

Mr Cuban added: “When people are not able to feel confident that they can pay their bills or that they can live their lives without, you know, going bankrupt, then you get the issues of social unrest,” he said. “And so, that’s why money comes first.”

In one, the owner of the Dallas Mavericks criticised both the democratic senator Chuck Schumer and the Republican senator John Cornyn for their social media activity.

“BOTH OF YOU NEED TO DO YOUR F*****g JOB! @SenSchumer​, stop kissing progressive a**. We can’t solve every problem in this deal @JohnCornyn, stop kissing big corporate a**. They don’t need buybacks or exec bonuses. They have no choice but to take any deal they can get,” Mr Cuban tweeted.

In the second tweet of the thread, Mr Cuban posted: “The economy is crashing and people are getting sick and dying because you 2 hard d***s think your agendas are bigger than the health and future of the American people. They are not. There is no perfect deal. TIME IS OUR ENEMY. Get this done today!”

According to a tracking project hosted by Johns Hopkins University, upwards of 50,206 people have tested positive for coronavirus in the US. The death toll has reached at least 606.