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2020-03-18 — cnbc.com
An administration official said the package could include: $500 billion to $550 billion in direct payments or tax cuts, $200 billion to $300 billion in small business assistance, and $50 billion to $100 billion in airline and industry relief. Potentially $250 billion of the package could go toward making direct payments to Americans, a White House official told The Wall Street Journal on Tuesday. Mnuchin said earlier Tuesday that the administration wants to get emergency funds in Americans' pockets "immediately.''
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Senate Minority Leader Chuck Schumer's office said Monday that he will put forth his own plan with at least $750 billion in spending to combat the coronavirus pandemic. It would include forbearance on federal loans, a moratorium on evictions and foreclosures, assistance for small businesses and emergency child care.
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