Treasury Secretary Steven Mnuchin on Thursday laid out particulars of the Trump administration's plan to ship Individuals aid cash as a part of a large stimulus bundle to blunt the impression of the novel coronavirus disaster.

Mnuchin mentioned in a Fox Enterprise Community interview that the plan, which is being mentioned with congressional leaders of each events, would ship funds totaling $500 billion on to Individuals.

That cash could be divided into two giant tranches.

"The primary one could be $1,000 per individual, $500 per youngster," Mnuchin mentioned. "So for a household of 4, that is a $3,000 fee."

"As quickly as Congress passes this, we get this out in three weeks. After which, six weeks later, if the president nonetheless has a nationwide emergency, we'll ship one other $3,000," Mnuchin mentioned.

The Trump...