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Apply here: How to spend $2.2 Trillion - and rescue economy
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WASHINGTON – President Donald Trump aims to shovel $2.2 trillion into the U.S. economy over the next few weeks to try to cushion its free fall.
But that means putting his fate in the hands of banks, profit-minded businesses and government bureaucrats he has frequently derided, along with a man who has emerged as arguably the biggest power broker to business in Washington: Treasury Secretary Steven Mnuchin.
The massive bailout package, which includes direct cash payments, $349 billion in loans for small businesses and a $500 billion corporate rescue fund, is the biggest ever in U.S.
history. It’s an attempt to keep the economy afloat as Trump warns Americans to brace for a “hell of a bad two weeks," with 100,000 to 240,000 coronavirus deaths
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