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Democrats ready stimulus as Mnuchin says virus hit on US economy ‘short-term’

  • calendar 14-Mar-2020
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Democrats ready stimulus as Mnuchin says virus hit on US economy ‘short-term’

President Donald Trump is “very close” to reaching a stimulus agreement with US lawmakers to fight the coronavirus outbreak’s economic damage, Treasury Secretary Steven Mnuchin said Friday, as Democrats prepared to pass their own proposal. Democratic House leader Nancy Pelosi said her party would pass a bill “focused directly on providing support for America’s families” that includes expansions of paid sick leave and unemployment insurance, among other measures. However, it was unclear if Trump or the Republican leadership in the Senate were behind the proposal, though a Pelosi aide said the House speaker had spoken to Mnuchin repeatedly over the past days.

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