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Mnuchin to Seek Package of $850B or More in Stimulus: Politico

March 17, 2020, 10:20 AM

Treasury Secretary Steven Mnuchin is likely to seek a phase three stimulus package of $850b or more today, Politico reports, citing unidentified people familiar.

  • A large part of the package is expected to be the payroll tax cut
  • NOTE: Earlier, Senate on Track to Pass Virus Bill With Promise for More Later

To contact the reporter on this story:
Sarah Jacob in Amsterdam at sjacob19@bloomberg.net

To contact the editor responsible for this story:
Katerina Petroff at kpetroff@bloomberg.net

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