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.
Jasmine Crockett suggests GOP rigged her Democratic Primary election: ‘This is what Republicans like to do’
Republican congressman accused of affair with late aide to face runoff election
Combustible Republican Senate primary in Texas heading into overtime
BREAKING: Jasmine Crockett Gets Stomped in Primary as Even Democrats Find Tolerating Her Presence Impossible
Austin suspect unleashed anti-Christian, antisemitic, misogynistic rants on social media before mass shooting
New York AG orders Manhattan hospital to resume gender-transition treatment for transgender youth
Natural gas prices surge worldwide as Iran conflict crimps supply
BREAKING: Masked Man Arrested Outside GOP Campaign Event – Cops Bagging Multiple Rifle and Pistol Magazines – No Injuries
Trump says NYC Mayor Mamdani made ‘big progress’ embracing Declaration of Independence
Watch: Australian News Host Becomes Legend – Starts Speaking Persian and Signs Off with Brutal Curse for Khamenei That She’d Never Get Away with in English
BREAKING: Largest US Base in Middle East Hit by Ballistic Missile from Iran – Details Still Coming In
Waymo autonomous car blocks ambulance crew responding to deadly Austin mass shooting
Watch the most viral moments as Kristi Noem’s hearing goes off the rails
Israel First? MAGA divide erupts over allegations Netanyahu pushed US into Iran conflict
World’s Worst Judge? Lib Female Judge Frees 2 Men Who Brought Cash to Hotel Thinking They Were Meeting Girl, 15, for Sex – They Paid $0 Bail
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.
Jasmine Crockett suggests GOP rigged her Democratic Primary election: ‘This is what Republicans like to do’
Republican congressman accused of affair with late aide to face runoff election
Combustible Republican Senate primary in Texas heading into overtime
BREAKING: Jasmine Crockett Gets Stomped in Primary as Even Democrats Find Tolerating Her Presence Impossible
Austin suspect unleashed anti-Christian, antisemitic, misogynistic rants on social media before mass shooting
New York AG orders Manhattan hospital to resume gender-transition treatment for transgender youth
Natural gas prices surge worldwide as Iran conflict crimps supply
BREAKING: Masked Man Arrested Outside GOP Campaign Event – Cops Bagging Multiple Rifle and Pistol Magazines – No Injuries
Trump says NYC Mayor Mamdani made ‘big progress’ embracing Declaration of Independence
Watch: Australian News Host Becomes Legend – Starts Speaking Persian and Signs Off with Brutal Curse for Khamenei That She’d Never Get Away with in English
BREAKING: Largest US Base in Middle East Hit by Ballistic Missile from Iran – Details Still Coming In
Waymo autonomous car blocks ambulance crew responding to deadly Austin mass shooting
Watch the most viral moments as Kristi Noem’s hearing goes off the rails
Israel First? MAGA divide erupts over allegations Netanyahu pushed US into Iran conflict
World’s Worst Judge? Lib Female Judge Frees 2 Men Who Brought Cash to Hotel Thinking They Were Meeting Girl, 15, for Sex – They Paid $0 Bail
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.
