WH Proposes New $916 BN Pandemic Stimulus Plan: US Treasury Chief

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US Treasury Secretary Steven Mnuchin unveiled a new $916 billion pandemic aid proposal, aiming to break a months-long deadlock in Congress over additional aid to coronavirus-ravaged US economy. The proposal, slightly larger than a $908 billion measure unveiled by a bipartisan group of senators last week, would include “money for state and local governments and robust liability protections for businesses, schools and universities,” Mnuchin said in a statement, all of which have been key sticking points in negotiations.

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