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White House Unveiled New $916 Billion Pandemic Stimulus Plan

On Tuesday, US Treasury Secretary Steven Mnuchin unveiled a new $916 billion pandemic aid proposal, aiming to break a months long stuck coronavirus struck US economy.

Mnuchin said: “The proposed plan would include money for state and local governments and robust liability protections for businesses, schools and universities, all of which have been key sticking points in the negotiations.”

Mnuchin said he presented the proposal to Democratic House Speaker Nancy Pelosi in a meeting Tuesday evening, and also reviewed it with outgoing President Donald Trump.

He said: I look forward to achieving bipartisan agreement so we can provide this critical economic relief to American workers, families and businesses.

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