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.
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