The Trump administration is requesting $500 billion for direct payments to Americans as part of a $1 trillion plan.
The White House is asking Congress to allocate $500 billion for two separate waves of direct payments to American taxpayers in the coming weeks and another $300 billion to help small businesses continue to meet payroll, according to a Treasury Department proposal circulating on Capitol Hill and among lobbyists.
The outline, a copy of which was obtained by The New York Times, calls for a total of $1 trillion in spending for those programs, which would also include $50 billion for secured loans for the airline industry, and another $150 billion for secured loans or loan guarantees for other parts of the economy hard hit by the unfolding financial crisis.
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http://www.nytimes.com/2020/03/18/world/coronavirus-news.html?emc=edit_na_20200318&ref=cta&nl=breaking-news&campaign_id=60&instance_id=0&segment_id=22352&user_id=75ee940ebe2fd3e9d0a6bb93cf283302®i_id=16112385
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