Trump Admin Seeking $850 Billion <br />in Emergency Economic Stimulus The administration's sweeping package <br />will reportedly be laid out to Senate Republicans <br />by Treasury Secretary Steven Mnuchin sometime today. Steven Mnuchin, Treasury Sec., via AP The package will provide <br />economic relief for industries hit <br />hard by the coronavirus, as well as small businesses. It will also reportedly include <br />a tax break for wage earners. White House officials reportedly are <br />seeking to have the package approved <br />and passed by Congress by the end of the week. The massive scale of this <br />emergency relief package is similar <br />to what the Obama administration <br />sought during the Great Recession. Democrats have also <br />proposed a $750 billion package. Sen. Chuck Schumer, Minority Leader, via AP Both sides of Congress, <br />and the White House are in agreement <br />that major action is vital.
