The Trump administration is hours away from finalizing a $1.6 trillion stimulus deal with Congress to battle the coronavirus epidemic, Treasury Secretary Steven Mnuchin said Sunday.
“I‘ve been speaking to Mitch McConnell, Chuck Schumer, the speaker, and I think we have fundamental understanding,” Mnuchin said on “Fox News Sunday.“ “We look foward to wrapping it up today.”
The bill would tide the U.S. economy over for 10 -12 weeks, Mnuchin said, adding that he expects a vote Monday morning. Under the bill, a family of four can expect a direct payment of about $3,000, Mnuchin said.
Source Article from https://www.politico.com/news/2020/03/22/mnuchin-stimulus-deal-will-be-finalized-today-141537
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