Treasury Secretary Steven Mnuchin announced Tuesday that the Trump administration is strongly considering sending checks to Americans “in the next two weeks” amid an effort to help people cope with the economic fallout fueled by the coronavirus pandemic.
“We’re looking at sending checks to Americans immediately,” Mnuchin said during a press briefing from the White House. “Americans need cash now, the President wants to get cash now. I mean now—in the next few weeks.”
According to Fox News, Mnuchin is quietly pressing GOP senators for a package that would send $200 billion-plus of payments to Americans by early April.
Mnuchin also announced that the Treasury Department would not extend the deadline to file taxes by the April 15 deadline due to the fact that most tax filing can be done online and might aid in bolstering the economy.
“We encourage Americans who can file taxes to continue to file taxes on April 15 because for many Americans, you will get tax refunds and we don’t want you to lose out on those tax refunds,” Mnuchin said.
Mnuchin added that if individuals or corporations owe money to the Internal Revenue Service after filing their taxes, those payments now are able to be deferred for up to 90 days interest-free.
Meanwhile, President outlined new FDA policies Tuesday aimed at increasing testing for Coronavirus, including giving states the authority to authorize tests developed “within their borders,” and an expansion of Medicare Telehealth services, which gives patients the ability to visit any doctor by phone or video conference at no additional cost.
WIBC’s Hammer and Nigel have more news on the President’s new FDA policies in the clip below.