WHITE HOUSE PROPOSES $916 BILLION CORONAVIRUS PACKAGE

CORONAVIRUS

Resource: www.news.yahoo.com

US Treasury Secretary Steven Mnuchin said Tuesday that shared a $916 billion stimulus proposal with House Speaker Nancy Pelosi.

  • The proposal “includes money for state and local governments,” Mnuchin said, “and robust liability protections for businesses, schools, and universities.”
  • Mnuchin made no mention of new stimulus checks, but the package includes $600 payments, House Minority Leader Kevin McCarthy told Bloomberg.

The White House has offered a new $916 billion stimulus proposal that is slightly larger than the bipartisan measure currently being drafted by a centrist group of senators. Treasury Secretary Steven Mnuchin, in a statement issued Tuesday evening, said the measure includes “money for state and local governments,” as well as “robust liability protection for businesses, schools, and universities.”

Comments

comments

Olga Garicichina

Russian Time Magazine Assistant Editor Editor@RussianAmericanMedia.com

No Comments Yet

Leave a Reply