Mnuchin Discusses $850 Billion Stimulus and Checks to Americans
- Treasury is mulling delaying tax payments, making quick loans
- Larger fiscal stimulus could get combined with House bill
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U.S. Treasury Secretary Steven Mnuchin is expected to seek a new round of coronavirus-related economic stimulus of $850 billion or more from Congress Tuesday, and is discussing the idea of combining it with a relief package the House passed over the weekend, according to people familiar with the proposal.
A combined bill would have to go back to the House to get approved before going to Trump for his signature. House members left Washington Saturday, and aren’t currently scheduled to return until next week at the earliest.