White House Considering Giving Americans Checks to Combat Economic Impact of Coronavirus
Tuesday, March 17, 2020
GoLocalPDX News Team
Treasury Secretary Steven Mnuchin PHOTO: Screenshot of video |
“We are looking at sending checks to Americans immediately. Americans need cash now and the president wants to get cash now. And I mean now in the next two weeks,” said Treasury Secretary Steven Mnuchin during a press conference on Tuesday.
Watch the Press Conference Above
According to the Financial Times, this marks a change by the White House towards “a more aggressive economic policy response as the disease has forced the closure of schools, bars, restaurants and manufacturing plants across the country.”
According to NBC News, it is unclear who would get money and how much.
This announcement comes after U.S. Senator Mitt Romney (R-Utah) proposed giving every adult American $1,000 to help meet financial obligations.
Coronavirus Across the Globe
As GoLocal reported, as of Tuesday, across the country, there are 4,445 cases in the U.S., resulting in 81 deaths.
Globally, there are 182,029 cases resulting in 7,119 deaths.