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U.S.'s Mnuchin offers $1.6 trillion in stimulus: Bloomberg News

Published 10/01/2020, 12:11 AM
Updated 10/01/2020, 12:15 AM
© Reuters. Senate's Committee on Banking, Housing, and Urban Affairs hearing

(Reuters) - U. S. Treasury Secretary Steven Mnuchin made on Wednesday a counteroffer of about $1.6 trillion in stimulus measures to Nancy Pelosi, the speaker of the House of Representatives, a Bloomberg reporter said on Twitter.

"Mnuchin has offered $1.6 trillion in stimulus with offsets taking it lower," the reporter said.

Earlier, Mnuchin said the Trump administration would not accept Democrats' proposal for a $2.2-trillion coronavirus aid package, and indicated he wanted a deal closer to $1.5 trillion.

Latest comments

cheapass
What's a 100B here, 100B there? 👀
they're trading like a regular day in stock market
Squeeze for a little more toothpaste, say $1.95 trillion, cheap, done!
any rumors about stimulus and banks stocks jump
reopen the damned economy and we can finally stop all this obscene spending.
The level of high skilled economists in this site can be seen by the dislikes you received so far. This people do think these spending will not be charged in the future.
 What difference could it possibly make now? 12 yrs ago we started down the fund the elite path with no concern for the outcome because greed ruled the day. Now your going to complain about it?.... Little late Einstein.
Man....just send me my $1,200 now.
LoL! And the saga continues!
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