White House Supports Sending Cash Directly to Americans as Part of Coronavirus Stimulus Package

The Trump administration is preparing to propose a $1 trillion stimulus package to mitigate the economic impact of the COVID-19 pandemic. And while discussions of what will be featured in his plan are still in the preliminary stages, it now appears that the president has adopted an idea that lawmakers of both parties have been pushing for: sending cash checks directly to Americans.

"We want to make sure Americans get money in their pockets quickly and small business owners have access to funds," said Treasury Secretary Steven Mnuchin. The White House also intends to ask  Congress for additional funding for the government agencies trying to fight the pandemic.

Image source: Getty Images.

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Source Fool.com