Trump wants to send Americans $1,000 checks to cushion virus economic shock (Yahoo!)

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    Trump wants to send Americans $1,000 checks to cushion virus economic shock – By Alexandra Alper and Steve Holland (Reuters) / March 17 2020

    WASHINGTON (Reuters) – U.S. President Donald Trump announced a plan on Tuesday to send money to Americans immediately to ease the economic shock from the coronavirus crisis and said military-style hospitals will likely be deployed to virus hot zones to care for patients.

    Treasury Secretary Steven Mnuchin, appearing with Trump in the White House press briefing room, said he was talking with congressional leaders on a plan to send checks immediately to displaced Americans. Trump said some people should get $1,000.

    Scrambling to get a grip on an unpredictable virus that has disrupted Americans in all walks of life, Trump predicted the economic challenge will be tough short term but that the economy will eventually rebound.

    “We’re going to win and I think we’re going to win faster than people think, I hope,” said Trump, surrounded by top advisers on the coronavirus crisis.

    Vice President Mike Pence said the government was urging construction companies to donate N95 face masks to local hospitals and not purchase any more to help doctors.

    Continue to article: https://www.yahoo.com/news/trump-predicts-coronavirus-hit-economy-155125701.html

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