Topline As stimulus discussions heat up in Washington again, Treasury Secretary Steven Mnuchin told reporters Wednesday that President Trump is prepared to sign a new stimulus proposal put forth by Senate Majority Leader Mitch McConnell (R-Ky.) on Tuesday. Treasury Secretary Steven Mnuchin testifies during a Senate Banking Committee hearing about the … [+] quarterly CARES Act report on Capitol Hill December 1, 2020 in Washington, D.C. Getty Images Key Facts “The President will sign the McConnell proposal that he put forward yesterday,” Mnuchin said, according to Reuters. McConnell’s proposal is similar to two $500 billion bills he has already attempted to pass in the Senate (Democrats blocked both on the grounds that they were too small), and includes $257 billion in spending for the popular Paycheck Protection Program for forgivable loans, a one-month extension of the Pandemic Unemployment Assistance program and liability protections for businesses and healthcare providers…. Click below to read the full story from Forbes
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Mnuchin: Trump Will Sign McConnell’s New Stimulus Proposal Without Checks Or State And Local Aid
