The White House is proposing direct payments to Americans totaling $500 billion to respond to the economic impact of coronavirus, with the amount of each check based on family size and income
The Trump administration is proposing two rounds of direct payments to Americans totaling $500 billion to respond to the economic impact of the coronavirus outbreak, with the amount of each check based on family size and income, according to a memo viewed by The Wall Street Journal.
The direct payments in each round would begin on April 6 and May 18, the Treasury is proposing, as part of the potentially $1 trillion stimulus package being pulled together by the administration. The broad outlines of the proposal had previously been reported, but the memo added detail about the timing and scope.
The program would last until the White House terminates the national state of emergency President Trump declared on March 13.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Coronavirus response: Trump administration wants to send $500 billion in payments to Americans in two roundsThe government hopes to send out its first round on April 6 and the second on May 18. It will base payment amounts on income level and family size.
Baca lebih lajut »
Coronavirus response: Trump administration wants to send $500 billion in payments to Americans in two roundsThe government hopes to send out its first round on April 6 and the second on May 18. It will base payment amounts on income level and family size.
Baca lebih lajut »
As American Indian casinos close for coronavirus, industry seeks $18 billion aidThe Native American gaming industry on Tuesday requested $18 billion in U.S. fed...
Baca lebih lajut »
Coronavirus Updates: Dow, Stocks Drop; Airlines Seek Aid; Business and School Closures Across U.S. - WSJ.comAs the coronavirus pandemic roils markets and upends business, The Wall Street Journal is gathering in one place all the latest news and insights on the impact on investors, companies and economies.
Baca lebih lajut »
The Fed will keep short-term cash injections to banks going through the weekThe Federal Reserve will now conduct daily repo operations of $500 billion through Friday, with each one running from 1:30 p.m. to 1:45 p.m.
Baca lebih lajut »
March 17 Democratic Primaries: Which States Are Voting and When Do Polls Close?Join the Journal as we cover Campaign 2020. Visit WSJ.com’s live updates and analysis, with breaking news and details from our reporters.
Baca lebih lajut »