18-03-2020 18:08 via sltrib.com

Treasury proposal: Deliver $500B to Americans starting April

Washington • The Treasury Department said Wednesday it wants to start issuing direct payments to Americans by early next month as the centerpiece of a $1 trillion plan to stabilize the economy as the coronavirus epidemic threatens a body slam to taxpayers and businesses.In a memorandum, Treasury proposed two $250 billion cash infusions to individuals: A first set of checks issued starting April 6, with a second wave in mid-May. The amounts would depend on income and family size.The Treasury
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