The economic stimulus package headed for a vote in the Senate is a disaster, one conservative lawmaker said Saturday.

Sen. Bob CorkerRobert (Bob) Phillips CorkerTrump asserts his power over Republicans Romney is only GOP senator not on new White House coronavirus task force McConnell, Romney vie for influence over Trump's trial MORE (R-Tenn.) told MarketWatch that the package that emerged after a compromise from centrist Senators is "nothing short of a disaster."

"It has nothing whatsoever to do with creating jobs," Corker added.

The Senate is set to vote on a compromise package early next week. The size of the bill is said to be smaller than the $825 billion price tag reached in the House, hovering in the range of $780 billion.