White House Pitches $6T Coronavirus Stimulus Package Ahead of Expected Senate Vote – News15

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FOX News- Saying the county was nearing the “the end of our historic battle” with coronavirus, President Trump began Tuesday’s White House coronavirus task force briefing by emphasizing his hope that the country will largely reopen for business by Easter — as his top economic advisor suggested Congress may soon pass an unprecedented fiscal stimulus package.

Director of the United States National Economic Council Larry Kudlow specifically said the new coronavirus bill working its way through Democrat-driven congressional gridlock would total $6 trillion: $4 trillion in liquidity from the Federal Reserve, and $2 trillion in new money. Typical annual appropriations from Congress in a given fiscal year are around $1.2-4 trillion, and total expenditures roughly $4.3 trillion

Also at the briefing, both Vice President Mike Pence and Deborah Birx, the White House coronavirus response…

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