...but hey, do what you want...you will anyway.Treasury Secretary Steven Mnuchin said Tuesday that the Trump administration wants to send checks to Americans in the next two weeks in order to address the economic impact of the coronavirus outbreak.
“You can think of this like business interruption payments to the American worker,” Mnuchin told reporters at the White House on Tuesday. “Although the president likes the idea of a payroll tax holiday … we’re looking at sending checks to Americans immediately.”
[...]
Mnuchin said the administration was considering putting a cap on who would receive the one-time payments depending on income.
“I think it’s clear we don’t need to send people who make a million dollars a year checks, but that’s one of the ideas we like,” the Treasury secretary said. “We’re going to preview that today and we’ll be talking about details afterwards.”
Sen. Mitt Romney (R-Utah) on Monday floated the idea of sending $1,000 checks to Americans to try and bolster the economy and provide support for those who have lost their jobs or are facing uncertainty amid the outbreak.
[...]
Trump on Monday recommended that Americans avoid public places such as restaurants and bars, limit their travel and avoid gatherings of more than 10 people for the next 15 days as the federal government seeks to blunt the spread of the virus.
The Hill
Tuesday, March 17, 2020
He's desperate now
Labels:
covid-19,
emergency finance
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