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

July 23, 2020, 3:07 PM

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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