US Treasury Secretary Steve Mnuchin has promised immediate financial relief “within the next two weeks” to Americans hit hard by the coronavirus recession – plus a massive financial aid package for the airline industry.
The Trump administration will be sending a check to Americans within the next two weeks for an undetermined amount, Mnuchin announced at a press conference on Tuesday.
While the figure of $1,000 has been frequently floated, Mnuchin implied the real figure will be larger.
“We want to make sure Americans get money in their pocket quickly,” he said, adding that a “payroll tax holiday” for longer-term financial relief of six to eight months is also in the works.
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