Trump Pushes $1.2 Trillion Stimulus, $1,000 Checks in Two Weeks

The Trump administration is discussing a plan that could amount to as much as $1.2 trillion in spending -- including direct payments of $1,000 or more to Americans within two weeks -- to blunt some of the economic impact of the widening coronavirus outbreak.

Treasury Secretary Steven Mnuchin pitched $250 billion in checks to be sent at the end of April with a second set of checks to bring the total up to $500 billion four weeks later if there’s still a national emergency, according to a person familiar with the matter.

“Americans need cash now, and the president wants ...