BRUTAL: Watch Scott Bessent Obliterate Janet Yellen After She Said This About the...
Watch This GOP Senator Cook the WSJ Over the Trump-Epstein Birthday Card Hoax
That Astronomer CEO's Coldplay Concert Fiasco Just Got Worse
Coca-Cola Issues Statement After Trump Says the Company 'Agreed' to Use Cane Sugar
$2.5B Fed Cover-Up? Jerome Powell Accused of Lying As White House Demands Site...
Radical Leftist Esther Kim Varet Emerges As Unhinged Dem in California’s 40th District
Trump Runs Brutal Takedown Ad Torching Thomas Massie
WSJ Reporters Behind Epstein Smear Have Deep Ties to Clinton-Backed Russia Hoax Machine
How the Obama Admin Betrayed the American People
Sen. Cotton Leads Charge to End Birthright Citizenship for Illegal Immigrants
Trump's America First Agenda Works: Native-Born Workers See 100% of Job Gains As...
PA Republican Crushes Democrat Field in Fundraising As America First Agenda Gains Momentum
A Teen Posted TikToks to Garner Support After Her Parents’ Murders. You Won’t...
At Least 30 Injured After Driver Rams Car Into Crowd of People in...
'Onward': Heritage Foundation Founder Ed Feulner Dies, Leaves Legacy of Freedom and Faith
Tipsheet

Secretary Mnuchin Foreshadows Additional CARES Act Stimulus

AP Photo/Alex Brandon

Treasury Secretary Steve Mnuchin addressed the possibility of an additional stimulus package to bring economic relief to struggling Americans as COVID-19 continues. The Coronavirus Aid, Relief, and Economic Security Act (CARES Act) delivered direct payments to Americans in need of relief because of economic distress caused by COVID-19. The legislation worked in tandem with the Paycheck Protection Program (PPP) which gives forgivable loans to American small businesses in order to keep their doors open.

Advertisement

Secretary Mnuchin also said that the next phase of CARES Act stimulus relief could include funding to help schools reopen in the Fall:

The CARES Act gives tangible relief to those in need, and brings millions of Americans back to work. Thursday’s job report numbers are undoubtedly positive, and foreshadow economic recovery, but Secretary Mnuchin said that the administration’s work is not done until “every single American who lost their job because of COVID is back to work:”

Advertisement

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement