berg80
Diamond Member
- Oct 28, 2017
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9:50 am: Trump administration wants an $850 billion stimulus plan, reports say
Treasury Secretary Steven Mnuchin heads to the Capitol today to discuss a third coronavirus response package with Senate Republicans as policymakers try to stave off economic calamity.
The Trump administration wants an $850 billion economic stimulus plan, Politico and The Washington Post reported. The White House’s proposal would include about $50 billion in aid to an airline industry battered by the global pandemic, according to the Post.
Congress already passed $8.3 billion in emergency funding to help stop the coronavirus disease’s spread. A separate plan to expand paid leave benefits, boost unemployment insurance and make testing more affordable is working its way through the Capitol this week. —Jacob Pramuk
Coronavirus live updates: Tom Hanks, Rita Wilson released from hospital, Mulvaney self-quarantines
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The mistake being to refuse to cooperate with Dems in the wake of the financial crisis by constantly trying to shrink the size of stimulus packages. As much as anything this caused the weak, prolonged recovery the Repubs blamed on Obama. This proposal is just another example of epic hypocrisy.
Treasury Secretary Steven Mnuchin heads to the Capitol today to discuss a third coronavirus response package with Senate Republicans as policymakers try to stave off economic calamity.
The Trump administration wants an $850 billion economic stimulus plan, Politico and The Washington Post reported. The White House’s proposal would include about $50 billion in aid to an airline industry battered by the global pandemic, according to the Post.
Congress already passed $8.3 billion in emergency funding to help stop the coronavirus disease’s spread. A separate plan to expand paid leave benefits, boost unemployment insurance and make testing more affordable is working its way through the Capitol this week. —Jacob Pramuk
Coronavirus live updates: Tom Hanks, Rita Wilson released from hospital, Mulvaney self-quarantines
.......................................................................................................................................
The mistake being to refuse to cooperate with Dems in the wake of the financial crisis by constantly trying to shrink the size of stimulus packages. As much as anything this caused the weak, prolonged recovery the Repubs blamed on Obama. This proposal is just another example of epic hypocrisy.