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Sunday Mnuchin interview - upcoming bill summary ($4T+)

As i understand what was said during interview, heres contents of pending bill that is still being negotiated. Massive....

Small Business Retention (Forgivable) Loans: Two weeks of payroll and overhead for small business that represents roughly half of our workforce

Family Direct Deposit: family of four would get roughly $3000. $1000/household adult, and $500/household child?

Enhanced Unemployment Benefits – not sure what was said.

Liquidity Program working with the Fed - Up to $4 trillion for broad based lending programs

Health Care Support ~$110 billion in assistance.

Not sure how any of this is implemented, yet. May pass chambers on monday (i hope).

RUMINT of another ~$4-5T economic bullet under consideration if things drag on.

Will watch markets as they open through the evening.

God bless all

Posted: 03/22/2020 at 5:06PM

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Current Thread:

Sunday Mnuchin interview - upcoming bill summary ($4T+) -- ColoVT82 03/22/2020 5:06PM

When a politician speak I want to see what they didn’t say more than -- vt_mughal 03/22/2020 6:00PM

Ofc ** -- ColoVT82 03/22/2020 6:02PM

So do single people get nothing? ** -- capitals1 03/22/2020 6:00PM

The discussion has been -- VTUD 03/22/2020 6:16PM

Ok thanks. ** -- capitals1 03/22/2020 7:03PM

VTUD, i hope they dont d*ck around over the means testing. Just get it out ** -- ColoVT82 03/22/2020 6:18PM

Once they pass a bill,they -- VTUD 03/22/2020 6:27PM

Aye, senate cloture vote underway ** -- ColoVT82 03/22/2020 6:35PM

I anticipate single =$1k. Means tested ** -- ColoVT82 03/22/2020 6:03PM

Who knows..I wont believe unless -- capitals1 03/22/2020 6:07PM

Same. ** -- ColoVT82 03/22/2020 6:08PM

The lending programs totaled 16 trillion during 2008-2010 -- lchoro 03/22/2020 5:51PM

Yea. this is for a month or 2... bets when FED auth to direct buy stocks? -- ColoVT82 03/22/2020 6:05PM

The lending programs are open-ended until after the recession -- lchoro 03/22/2020 6:43PM

Pelosi said today -- VTUD 03/22/2020 5:40PM

Recall the ~775pt (8%)? drop when Cong delayed TARP? Parlor games 2day? ** -- ColoVT82 03/22/2020 6:02PM

I'm sure she wants to slide in some goodies ** -- 133743Hokie 03/22/2020 5:46PM

Oh good lord. Posturing by both sides is going to kill tons of Americans. ** -- HokieSignGuy 03/22/2020 5:44PM

And yet “we” keep voting for these two sides. -- vthokieq 03/22/2020 5:57PM

Why not give every man women and child $10k, that's near $4T... ** -- UTPr0sim 03/22/2020 5:35PM

Need to save the businesses going bankrupt ** -- ColoVT82 03/22/2020 6:05PM

Just add it to our account ** -- Bburg Native 03/22/2020 5:19PM

Well, the EU is going ~€T too. Market responses will be interesting ** -- ColoVT82 03/22/2020 5:29PM