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The White House unveils a new stimulus package with $400 weekly unemployment benefits and $1,200 checks

October 1, 2020

Via: Fortune

During a closed-door meeting on Wednesday, Treasury Secretary Steven Mnuchin offered House Speaker Nancy Pelosi the White House’s biggest stimulus offer yet.

The White House upped its stimulus offer from $1.3 trillion to $1.6 trillion. That’s still below the $2.2 trillion that Democratic leaders are requesting, but sufficient enough for Pelosi to delay a Wednesday vote on the revised $2.2 trillion Heroes Act as the two parties continue negotiations.

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