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HEALTH-VIRUS-US-POLITICS
US Treasury secretary says coronavirus relief plan calls for $4 trillion
WASHINGTON, March 22, 2020 (BSS/AFP) – The emergency coronavirus relief
package that the US Congress is negotiating for businesses and people hit
hard by the pandemic calls for up to $4 trillion in aid, Treasury Secretary
Steven Mnuchin said Sunday.
Under one component of the plan a “significant package working with the
Federal Reserve will have up to $4 trillion of liquidity that we can use to
support the economy,” Mnuchin told “Fox News Sunday.”
America is enduring its own fast-growing slice of the world upheaval that
has seen businesses shut down en masse, workers laid off overnight, schools
close and millions of people adjusting to life confined to their homes.
BSS/AFP/FI/ 1947 hrs