Treasury’s Mnuchin backs narrower coronavirus aid package as talks with Congress resume
Treasury Secretary Steven Mnuchin indicated Thursday that the White House will not back the kind of sweeping coronavirus relief it supported in earlier bills, instead opting for narrower aid even as the pandemic ravages the United States.
Congress plans to return from a Fourth of July break later this month for two weeks of work before its August recess. Lawmakers aim to craft another relief package before the end of the month, but Republicans and Democrats appear at odds over how much aid to send a country still in the thick of fighting an outbreak that has killed more than 132,000 Americans.
While the Trump administration backs direct payments to individuals in the next bill, it has not embraced broad aid proposed by Democrats including hazard pay for essential workers, a longer extension of strengthened unemployment benefits, mortgage and rent relief and support for state …continued .
[Source: CNBC News]