Trump will sign McConnell's coronavirus stimulus bill, Mnuchin says
President Trump will sign Senate Majority Leader Mitch McConnell's (R-Ky.) coronavirus stimulus proposal, Treasury Secretary Steven Mnuchin told reporters Wednesday.
McConnell announced what appears to be a tweaked version of his previous $500 billion deal on Tuesday, just hours after a group of bipartisan senators put forward a $908 billion proposal. McConnell hasn't revealed many details of his bill yet, but it does include school choice tax credits, a proposal blocking the federal government from using unspent CARES Act funding, and other GOP priorities.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
COVID-19 relief bill negotiations have been stalled for months, with the last CARES Act expiring at the end of July. Boosted unemployment benefits ended then, but a slate of other unemployment protections and tax propositions will expire at the end of the year without action.
-
5 blacked out cartoons about the Epstein file redactionsCartoons Artists take on hidden identities, a censored presidential seal, and more
-
How Democrats are turning DOJ lemons into partisan lemonadeTODAY’S BIG QUESTION As the Trump administration continues to try — and fail — at indicting its political enemies, Democratic lawmakers have begun seizing the moment for themselves
-
ICE’s new targets post-Minnesota retreatIn the Spotlight Several cities are reportedly on ICE’s list for immigration crackdowns
-
Key Bangladesh election returns old guard to powerSpeed Read The Bangladesh Nationalist Party claimed a decisive victory
-
Epstein files topple law CEO, roil UK governmentSpeed Read Peter Mandelson, Britain’s former ambassador to the US, is caught up in the scandal
-
Iran and US prepare to meet after skirmishesSpeed Read The incident comes amid heightened tensions in the Middle East
-
EU and India clinch trade pact amid US tariff warSpeed Read The agreement will slash tariffs on most goods over the next decade
-
Israel retrieves final hostage’s body from GazaSpeed Read The 24-year-old police officer was killed during the initial Hamas attack
-
China’s Xi targets top general in growing purgeSpeed Read Zhang Youxia is being investigated over ‘grave violations’ of the law
-
Panama and Canada are negotiating over a crucial copper mineIn the Spotlight Panama is set to make a final decision on the mine this summer
-
Why Greenland’s natural resources are nearly impossible to mineThe Explainer The country’s natural landscape makes the task extremely difficult
