An elected official responsible for making decisions on the nation’s financial, economic, and tax policy has been directed to distribute federal relief funds to Americans in response to a deadly Asian virus.
President Donald Trump has ordered Steven Mnuchin to quickly distribute taxpayer money to counter the economic downturn caused by the Chinese Communist Party (CCP) virus.
“The president has instructed me we have to do this now,” the Republican treasury secretary said at a White House press conference video uploaded by Politico. “We are looking at sending checks to Americans immediately … Americans need cash now, the president wants to get cash now, and I mean now–in the next two weeks.”
Mnuchin confirmed he had conducted public consultation with businesses and employees who have been hardest hit by the impact of the worldwide CCP Virus pandemic.
“What we have heard from hardworking Americans [is] many companies have now shut down whether it is bars or restaurants,” he said. “We want to make sure Americans get money in their pockets quickly; we want to make sure small business owners have access to funds; we want to make sure that hotels [and] airlines [receive funds too.]”
Talks are already underway between the secretary, president, and other Republicans to decide exactly how much stimulus should be distributed and who should and should not be eligible to receive a check.
“I think it is clear we do not need to send people, who make $1 million a year, checks,” Mnuchin said. “That is one of the ideas we like and we will preview that tonight, and we will be talking about details afterward.”
Fox News speculated the stimulus package could be worth more than $200 billion and the funds could be delivered within two weeks. The secretary suggested the actual amount could be even higher.
“There are some numbers out there, they may be a little bit bigger than what is in the press,” he said. “I will be previewing that with the Republicans.”
The president also predicted the total value of the package would be “substantial.”
“We are going big and that is where [Sen.] Mitch McConnell (R-Ky.) that is the way he wants to go and that is the way I want to go,” he said on the video. “I want to get it done and have a big infusion as opposed to going through little meetings every couple of days, we do not want to do that. We want to go big and solid.”
He believes the stimulus will help avoid further business closures and job losses as a result of the disease.
“With this invisible enemy we do not want airlines going out of business, we do not want people losing their jobs, and not having money to live when they were doing well just four weeks ago,” he said. “We are going big and that is the way we are going to be and that is the way everybody seems to like it on the hill.”