Breaking: Trump Admin. Seeking $850 Billion Coronavirus Stimulus Package from Congress

The Trump administration will ask Congress for about $850 billion for a stimulus package to offset the economic damage of the coronavirus outbreak, administration officials said Tuesday.

Around $50 billion of the stimulus package would be devoted to boosting the flagging airline industry, which has suffered particularly since the coronavirus began spreading across the globe.

Treasury Secretary Steven Mnuchin will propose the stimulus package, which includes President Trump’s payroll tax cut, on Tuesday to Republican senators.

Trump Admin. Seeking $850 Billion Coronavirus Stimulus Package from Congress The Trump administration will ask Congress for about $850 billion for a stimulus package to offset the economic ... READ MORE ADVERTISEMENT Follow Us & Share 19 West 44th Street, Suite 1701, New York, NY, 10036, USA Your Preferences | Unsubscribe | Privacy View this e-mail in your browser.