Trump Admin Supports Giving Americans Money to Help off Set Financial Pains From Coronavirus

Support for giving Americans money to help them get through the coronavirus crisis appears to be growing in Washington, D.C.

During a press conference at the White House on Tuesday, Treasury Secretary Steven Mnuchin said that President Donald Trump’s administration had put together a stimulus package that includes sending Americans checks to help offset financial pains that stem from mitigation efforts aimed at slowing the spread of the coronavirus. The stimulus package will be presented to Senate Republicans later in the day.

Additionally, Mnuchin said he would lay out the details of the proposal later in the day, “We have an entire package that we’ll be laying out those details today.”

He added that while Trump favors a payroll tax cut, “We’re looking at sending checks to Americans immediately.” By “immediately,” Mnuchin said he was considering sending the checks to Americans within the next two weeks.

“Americans need cash now,” he added.

Mnuchin said of why the administration feels the need to send the checks to Americans now, “This is no fault to American workers. For medical reasons, we are shutting down parts of this economy.”

Trump also said that he is still looking at a payroll tax cut, but admitted that it would take months for Americans to see a significant benefit from such a move and noted, “We don’t really have months.” He noted that there are other methods in mind.

Watch the press conference below:

The idea of directly sending Americans relief appeared to be gaining steam when Sen. Tom Cotton (R-Ark.) joined a growing chorus of calls to give lower and middle-class Americans cash to help to pay for necessary expenses.

In a blog post on Medium on Monday, Cotton called for Congress to “cut out employers as the middlemen” to expedite the relief funds for millions of Americans.

It read:

“Let’s cut out employers as the middlemen and get relief to people not in weeks but in days. […] We should send relief directly to American families most likely to be in need — those in the bottom and middle tax bracket.

Sen. Mitt Romney (R-Utah) also proposed on Monday that the government send Americans a $1,000 check to help them meet their needs.

Other lawmakers such as Rep. Tulsi Gabbard (D-Hawaii) have also proposed sending Americans money to help ease their financial burdens in the coming weeks and months.

Responses

  1. It’s a good idea but it will need to be strictly monitored so that only those who truly need it get it.

    1. I agree. OR has suspended any evictions due to failure to pay BUT has not equitably suspended penalties for landlords for mortgages or other expenses.

      Suspending responsibilities for one, without addressing the other is NOT a formula that will make more housing available. q.v. Portland’s homeless population.

      No, I don’t own rental property. Been there, done that and got tired of idiot renters calling at 3am because they could not change a lightbulb or plunge a toilet after their kids tried flushing toys, a dead guinea pig, underwear, or other things not meant for flushing. Don’t get me started on the things they used to “kill” garbage disposals, not the least of which were kittens they did not want. I still have nightmares about those. Ever wonder why I hold people in contempt until proven otherwise?

    2. Nice in sentiment, but poor in practice. I would rather that my tax dollars were split equitably for this bailout, instead of only those who weren’t prepared for disaster.

      I’m not sure how it turned out, but I was a little pissed off when I heard about the housing bailout a while back, with principal and interest reduction possible only for those who were in default on their mortgages. I felt like I was being penalized for making my payments on time, despite the furloughs.

      If the government is sending our money back to the people, but only those who have not saved and cannot weather a few weeks (or months) with a reduced income, it’s going to make a lot of folks salty. Just because someone can pay their bills and aren’t in jeopardy of starving or losing their home or vehicle doesn’t mean that they haven’t taken a big financial hit.

      If they’re returning our money, give it back to all of us.

      1. Very, very true what you say. My parents and I did without in order to pay our home off 7 years ahead of time. The woman across the street kept having kids, a number of whom I routinely fed while she was off getting impregnated yet again in the hopes of “landing” a man.

        Now I can’t even get help with caring for mom from the government. She “has too much” according to the policy wonks.

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