Major Stimulus Check Update | White House Just Announced New Stimulus Money | Direct Payments Coming
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Dr. Nitin Chhoda discusses the global, political and economic realities that will lead to more stimulus money for Americans.
According to a new article on CNBC, the Trump administration is getting ready to send out more stimulus money soon. The president said, “I think we’re going to be helping people out” and “getting some money for them”. He also mentioned that the U.S. could take “one more nice shot” at stimulus.
Trump’s advisors share the same sentiment. White house economic advisor Kevin Hassett told CNN that another round of aid is “pretty likely,” adding he believes “it’s coming sooner rather than later.”
Treasury Secretary Steven Mnuchin said Thursday that he sees a “strong likelihood” the U.S. will need more stimulus.
Trump has in particular talked about a willingness to send more direct payments to Americans.
Congress is divided over another response bill, as Democrats push for sweeping aid and Republicans consider a more narrow approach.
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https://www.cnbc.com/2020/05/22/coron...
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