WASHINGTON (AP) — The first federal checks to families could be $3,000 for a family of four under the White House proposal to unleash $1 trillion for the coronavirus outbreak. That’s according to Treasury Secretary Steven Mnuchin.
He said Thursday the checks would be direct deposited into people’s accounts. The payments would be $1,000 per adult and $500 per child, Mnuchin told Fox Business Network.
Congress is racing to complete the Trump administration’s $1 trillion plan to stabilize a national economy.
Late Wednesday, Trump signed into law a $100 billion-plus bill to boost testing for the virus and guarantee paid sick leave for millions of workers hit by it.