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Mnuchin pushes for narrower aid bill
As the coronavirus ravages the southern and western United States, Treasury Secretary Steven Mnuchin is calling for a narrower relief plan than the White House supported earlier this year.
In a CNBC interview Thursday, Mnuchin said the White House would support direct payments to individuals and a change to the $600 per week federal unemployment benefit set to expire at the end of July. He did not say at what income threshold he would want the checks to Americans to phase out, or how the Trump administration wants to structure ongoing relief to unemployed individuals.
Mnuchin also cast doubts on sending more relief to state and local governments, saying he did not want to “bail out” states “mismanaged” before the pandemic.
Congress will return from its Fourth of July break later this month and …continued .
[Source: CNBC News]