- The Trump administration is considering another in a series of dramatic movies to combat the spread of the coronavirus: Giving all Americans emergency cash from the government.
- The US Treasury secretary signaled that the government is preparing to move on this issue very soon, as the economy continues to crater thanks to the shockwaves caused by the deadly virus.
- Meanwhile, the number of US cases of the coronavirus has shot up quickly over the past week, now surpassing 5,000. That’s a fivefold spike compared to where we were about a week ago.
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Trump administration officials on Tuesday announced another in a series of escalating and dramatic steps to combat not only the spread of the coronavirus but to try and blunt the destructive impact it’s having on the US economy.
Per US Treasury Secretary Steven Mnuchin, the federal government is now all but promising to make good on what many people, including prominent political figures like Utah Republican Sen. Mitt Romney, to send out emergency checks to all Americans as a kind of emergency financial stimulus. Romney himself has proposed the idea of giving every American $1,000, and while there’s been no indication of the size of the amount yet, Mnuchin today signaled the Trump administration is on board with the idea and what’s to get it done soon.
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We’re all probably going to get emergency cash from the Trump administration soon originally appeared on BGR.com on Tue, 17 Mar 2020 at 12:28:12 EDT. Please see our terms for use of feeds.
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