Economics
Mnuchin Proposes $500 Billion in Checks Based on Income, Family Size
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The Trump administration proposed sending Americans two rounds of checks, totaling $500 billion, in an attempt to limit the economic damage caused by the coronavirus.
Government payments would arrive on April 6 and May 18, in equal value, based on the an outline of the White House’s coronavirus stimulus plan obtained by Bloomberg News. The amount of the payment would be linked to income and number of children in a family.