Business Standard

White House increases fiscal-stimulus offer to $1.8 trillion: Report

McConnell later told reporters that "even if an agreement" on stimulus is reached, his first priority is securing Senate confirmation of Trump's nominee for the Supreme Court

Donald Trump
Premium

The two sides are divided on the issues of how much money to provide state and local governments, language restricting Trump’s ability to divert anti-virus health care spending

Bloomberg
The White House plans to offer a $1.8 trillion stimulus proposal in talks Friday between Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi, while the Senate’s top Republican expressed skepticism any deal could get approved before the election.

After walking away from negotiations with Democrats on Tuesday, President Donald Trump has reversed course and is now looking for a deal with the election three weeks away and polls showing him trailing Democrat Joe Biden.“The president has approved a revised package. He would like to do a deal,” Trump economic adviser Larry Kudlow said Friday on Fox Business. “It will be

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in