Bloomberg Tax
July 23, 2020, 3:07 PM

Mnuchin Says Direct Payments in Bill ‘Exact Same’ as Last Time

Laura Litvan
Laura Litvan
Bloomberg News
Elizabeth Elkin
Elizabeth Elkin
Bloomberg News

Direct payments to citizens will be “the exact same provision as last time” in Senate GOP stimulus proposal, Treasury Sec. Steven Mnuchin tells reporters.

  • Schools and unemployment are “the most pressing issues” and will be addressed first, Mnuchin says
  • Bills will be handed in a tiered manner
  • NOTE: The Cares Act sent direct payments of $1,200 to low- and middle-income households, plus more to those with children
  • Related: Mnuchin Says Stimulus to Exclude Trump-Favored Payroll Tax Break

To contact the reporters on this story:
Laura Litvan in Washington at llitvan@bloomberg.net;
Elizabeth Elkin in Washington at eelkin4@bloomberg.net

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