Close X
Tuesday, December 3, 2024
ADVT 
International

Trump Proposes Direct Cash Payments To Help Americans

17 Mar, 2020 10:36 PM


    President Donald Trump proposed on Tuesday sending money to most Americans to help them tide over the coronavirus pandemic that has disrupted the US economy leading to prospects of large-scale unemployment.


    He said that the details were being worked out on the exact amount and how to get the money out to the people "now".


    While Trump and Treasury Secretary Steve Mnuchin would not give the specifics, they indicated while responding to a question that it could be $1,000.


    The payments would be a part of relief package of about $1 trillion that the Trump administration is proposing.


    Mnuchin said that he would ask Congress to approve the proposal to send the money.


    He said: "Americans need cash now. And the President wants to get cash now. And I mean now in the next two weeks."


    He said direct payments, rather than indirect payments through tax cuts or deferments, was the administration's preference so the money could be sent out within two weeks.


    "The president has instructed me we have to do this now," he said.

    MORE International ARTICLES

    Indian-Origin Trader Convicted Of Price Fixing, Bid Rigging In Foreign Currency Exchange Market

    Indian-Origin Trader Convicted Of Price Fixing, Bid Rigging In Foreign Currency Exchange Market
    An Indian-origin former currency trader was convicted here for his participation in an antitrust conspiracy to manipulate prices for emerging market currencies in the global foreign currency exchange market (FX)

    Indian-Origin Trader Convicted Of Price Fixing, Bid Rigging In Foreign Currency Exchange Market

    Punjab Police Secures Extradition Of Wanted gangster Sukhpreet Singh Dhaliwal, Alias Budda

    Punjab Police Secures Extradition Of Wanted gangster Sukhpreet Singh Dhaliwal, Alias Budda
    He is being deported from Armenia and will be arrested by the state police upon his arrival at the international airport in Delhi, Punjab DGP Dinkar Gupta said on Friday  

    Punjab Police Secures Extradition Of Wanted gangster Sukhpreet Singh Dhaliwal, Alias Budda

    UK’s Labour Pledges Jallianwala Bagh Apology In Election Manifesto

    Britain’s Opposition Labour Party has launched its manifesto for the December 12 General Election with a pledge to institute an audit into the country’s colonial past, which would include an apology to India for the Jallianwala Bagh massacre in Amritsar 100 years ago.

    UK’s Labour Pledges Jallianwala Bagh Apology In Election Manifesto

    5 Indians Apprehended In New York For Trying To Enter US Illegally

    5 Indians Apprehended In New York For Trying To Enter US Illegally
    Five Indian nationals have been taken into custody by the US patrol agents in New York for trying to enter America illegally, authorities said.    

    5 Indians Apprehended In New York For Trying To Enter US Illegally

    150 Indians Deported From US Over Visa Violations Land At Delhi Airport

    The special aircraft carrying them landed at the T3 terminal of the Delhi airport at 6am, an official said.  

    150 Indians Deported From US Over Visa Violations Land At Delhi Airport

    US Clears Sale Of $1 Bn Naval Guns To India, Ensuring Supremacy In Arabian Sea

    In a press statement, the US Defence Security Cooperation Agency (DSCA) said that the government has approved military sale to India of up to 13 MK-45 5 inch/62 calibre naval guns.

    US Clears Sale Of $1 Bn Naval Guns To India, Ensuring Supremacy In Arabian Sea