Home | WebMail |

      Calgary | Regions | Local Traffic Report | Advertise on Action News | Contact

Posted: 2020-03-17T16:12:42Z | Updated: 2020-03-17T16:43:22Z Steve Mnuchin Says He's Working To Get Checks To Americans 'Immediately' | HuffPost

Steve Mnuchin Says He's Working To Get Checks To Americans 'Immediately'

Americans need cash now and I mean now, in the next two weeks, the treasury secretary said of coronavirus relief efforts.
|

The Trump administration said Tuesday that it is examining several options for issuing money to Americans in an effort to help address economic concerns related to the coronavirus outbreak.

There are at least four different ways to get money in the hands of American workers, President Donald Trump said during a press briefing at the White House. Issuing a payroll tax is one way, he said, but it would take too long.

Such a tax credit “would get people money over the next six to eight months. We’re looking to send checks to Americans, immediately,” said Treasury Secretary Steven Mnuchin.

“Americans need cash now, and the president wants to get cash now,” he said. “And I mean now, in the next two weeks.”

Mnuchin said he will discuss with Republicans exactly how much would be provided to Americans later in the day.

Trump added that “obviously some people shouldn’t be getting checks.”

“We don’t need to send people who make a million dollars a year checks,” Mnuchin said.

The administration’s current financial efforts include payments to small businesses, loan guarantees to certain industries, and a stimulus package for American workers .

Our 2024 Coverage Needs You

As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.

Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.

to keep our news free for all.

Support HuffPost

Before You Go