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Trump seeks stimulus package potentially worth more than $1 trillion, including direct payments to Americans
The White House is seeking a stimulus package worth anywhere from $850 billion to over $1 trillion as the Trump administration looks to battle the economic impact from the coronavirus pandemic, according to a source familiar with the matter. An administration official said the package could include: • $500 billion to $550 in direct payments or tax cuts • $200 billion to $300 billion in small business assistance • $50 billion to $100 billion in airline and industry relief Potentially $250 billion of the package could go toward making direct payments to Americans, an official there told The Wall Street Journal on ... (full story)
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