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.
Documents show Epstein received pitch for properties housing Pentagon, FBI tenants after 2008 conviction
Buttigieg, Newsom, AOC top three in new 2028 poll in key presidential primary state
College student dies in tragic ski accident at Wisconsin resort, marking second death within a month
Red state auditor’s report flags Democratic governor’s ‘concerning’ spending on ‘luxury’ expenditures
Trump’s NIH director isn’t the only official wearing multiple hats during the president’s second term
Apple iCloud accused of failing to stop ‘child porn’ in West Virginia lawsuit
Colbert Follows Up FCC ‘Equal Time’ Fiasco by Sitting Down with Liberal Senator Who’s Up for Re-election
Judge overstepped by ordering Mark Zaid’s security clearance restored: DOJ
Cambodian PM says Thai forces occupying disputed land despite Trump-brokered ceasefire
Chilling: 2 Different AIs Are Willing to Slaughter Every Person With Traditional Values to Avoid Offending a Single Trans Person – and It Gets Even Worse
Colbert Catastrophe: FEC Urged to Investigate After Host Lies About Censorship, Raising Millions for Crockett Opponent
Massie faces backlash over Epstein demand, critics suggest he should ‘seriously reconsider’ Congress
Senate hopeful with deep Dem ties has paid family over $350K from his campaign coffers
Tony Gonzales accuses dead staffer’s husband of blackmail
Pollster That Accurately Predicted Trump’s Swing-State Sweep Finds His Approval Exceeds 2024 Margin of Victory
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.
Documents show Epstein received pitch for properties housing Pentagon, FBI tenants after 2008 conviction
Buttigieg, Newsom, AOC top three in new 2028 poll in key presidential primary state
College student dies in tragic ski accident at Wisconsin resort, marking second death within a month
Red state auditor’s report flags Democratic governor’s ‘concerning’ spending on ‘luxury’ expenditures
Trump’s NIH director isn’t the only official wearing multiple hats during the president’s second term
Apple iCloud accused of failing to stop ‘child porn’ in West Virginia lawsuit
Colbert Follows Up FCC ‘Equal Time’ Fiasco by Sitting Down with Liberal Senator Who’s Up for Re-election
Judge overstepped by ordering Mark Zaid’s security clearance restored: DOJ
Cambodian PM says Thai forces occupying disputed land despite Trump-brokered ceasefire
Chilling: 2 Different AIs Are Willing to Slaughter Every Person With Traditional Values to Avoid Offending a Single Trans Person – and It Gets Even Worse
Colbert Catastrophe: FEC Urged to Investigate After Host Lies About Censorship, Raising Millions for Crockett Opponent
Massie faces backlash over Epstein demand, critics suggest he should ‘seriously reconsider’ Congress
Senate hopeful with deep Dem ties has paid family over $350K from his campaign coffers
Tony Gonzales accuses dead staffer’s husband of blackmail
Pollster That Accurately Predicted Trump’s Swing-State Sweep Finds His Approval Exceeds 2024 Margin of Victory
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.
