Americans will be getting a cheque for $1,000 or more in the coming weeks, as political leaders coalesce around a dramatic plan to try to prevent a worse recession and protect people from going bankrupt.
The idea took off Monday when Sen. Mitt Romney (R-Utah) called for every American adult to receive a $1,000 check “immediately” to help tide people over until other government aid can arrive. By Tuesday, there was bipartisan support for the idea, including President Trump.
The White House even suggested the amount could be over $1,000, an acknowledgment of how big the economic crisis is becoming.
“We’re looking at sending cheques to Americans immediately,” Treasury Secretary Steven Mnuchin said, adding that Trump wants checks to go out “in the next two weeks.”