Fox News has learned that the White House specifically is pushing an $850 billion stimulus, largely in the form of tax relief measures. The Washington Post first reported Tuesday morning that Mnuchin's proposal would come with the $850 billion price tag. The Post, citing anonymous sources, reported that Mnuchin's proposal would focus mainly on putting cash in the hands of individuals and businesses. We must act quickly to enact a major fiscal stimulus package that wards off economic disaster." In an interview with Chris Wallace on "Fox News Sunday," Mnuchin pitched "a big stimulus program because we need to help American workers now."
Source: Fox News March 17, 2020 13:06 UTC