President Donald Trump said at the White House Tuesday he wanted the federal government to send direct payments to Americans suffering economically from the coronavirus as part of a larger rescue package.
“We’re going big,” Trump said, adding, “We want to go big, go solid.”
The proposal was detailed by Treasury Secretary Steven Mnuchin on Tuesday during a press briefing at the White House.
“We’re looking at sending checks to Americans immediately,” Mnuchin said, adding, “Americans need cash now and the president wants to get cash now.”
Mnuchin said that Americans could expect an individual stimulus within two weeks as he continued to negotiate with Congress.
He added that wealthy Americans would not get direct payments as they did not need it.
“I think it’s clear, we don’t need to send people who make millions of dollars a year checks, OK?” Mnuchin said to reporters. Trump agreed. “Obviously some people shouldn’t be getting checks for $1,000.
186 Democrats Kick and Scream as Critical Bill Targeting Fraudsters Narrowly Passes House
BREAKING: Sen. Kennedy Just Moved to Pass the SAVE America Act Using a Brilliant Legislative Trick That Only Requires 51 Votes
Immigration judge orders deportation of NYC Council employee after ICE arrest, city leaders push back
GOP overperforms in Virginia special election, fueling early momentum talk in blue-trending state
Watch: Senate Dem Turns to Conspiracy Theories When Markwayne Mullin Refuses to Play Her Games During Confirmation Hearing
MS Now Axes Part of ‘Morning Joe’ in Significant Shake-Up
Mullin committee vote could hinge on John Fetterman as Rand Paul vows to oppose
How Markwayne Mullin would lead DHS differently than Kristi Noem
GOP governors, AGs back Trump SAVE Act push, warn system gives ‘undue influence’ to states with illegal aliens
Strikes may set Iran back — but likely won’t end nuclear program, UN watchdog chief warns
China pursuing non-violent unification with Taiwan, unlikely to invade in 2027: US intel
Mexican man attempts to cross illegally into US via underside of bridge
Ex-principal sidelined over Charlie Kirk controversy now headed to prison in illicit image case
Team USA’s Heartbreaking Loss in World Baseball Classic Final Leads to Jesus Being Praised on National TV
Democrats Scrambling as Leftist Icon Is Hit with Bombshell Child Rape Allegations
Mnuchin said that some of the reported funding numbers of $850 billion for a rescue were probably more expensive than the final bill would be, but that details would be released later in the day.
“This is stuff that needs to be done now, the president has instructed to me that this is no fault to American workers,” he said.
Trump said there were four different ways to get funding directly to Americans, and said that although he supported a payroll tax cut, he was looking at a better way to get funding to Americans faster.
“We want to do something much faster than that,” Trump said.
There has been growing support among Republican Senators for direct payments to the American people as proposed by Breitbart economic editor John Carney on Saturday.
“You can think of this as something like business interruption payments for the American workers,” Mnuchin said.
Mnuchin left the press conference early to meet with members of Congress on Capitol Hill for a big economic rescue package to help businesses and workers.
186 Democrats Kick and Scream as Critical Bill Targeting Fraudsters Narrowly Passes House
BREAKING: Sen. Kennedy Just Moved to Pass the SAVE America Act Using a Brilliant Legislative Trick That Only Requires 51 Votes
Immigration judge orders deportation of NYC Council employee after ICE arrest, city leaders push back
GOP overperforms in Virginia special election, fueling early momentum talk in blue-trending state
Watch: Senate Dem Turns to Conspiracy Theories When Markwayne Mullin Refuses to Play Her Games During Confirmation Hearing
MS Now Axes Part of ‘Morning Joe’ in Significant Shake-Up
Mullin committee vote could hinge on John Fetterman as Rand Paul vows to oppose
How Markwayne Mullin would lead DHS differently than Kristi Noem
GOP governors, AGs back Trump SAVE Act push, warn system gives ‘undue influence’ to states with illegal aliens
Strikes may set Iran back — but likely won’t end nuclear program, UN watchdog chief warns
China pursuing non-violent unification with Taiwan, unlikely to invade in 2027: US intel
Mexican man attempts to cross illegally into US via underside of bridge
Ex-principal sidelined over Charlie Kirk controversy now headed to prison in illicit image case
Team USA’s Heartbreaking Loss in World Baseball Classic Final Leads to Jesus Being Praised on National TV
Democrats Scrambling as Leftist Icon Is Hit with Bombshell Child Rape Allegations
Trump said that there was support from Congress to do something dramatic.
“It’s going to be big, it’s going to be bold,” Trump said. “And the level of enthusiasm to get something done, I don’t think I’ve seen anything quite like it.”
Story cited here.
