The economic stimulus planned by the United States government may top $1 trillion as the country struggles with the negative impact of the coronavirus, Politico reported on Tuesday.
The Trump administration is prepared to present a package of $850 billion, including more than $50 billion for the airline industry, $250 billion for small-business support and $500 billion for a payroll tax holiday, although the amount could balloon above the figure by the time is unveiled, a senior government official told the news organization.
The exact measures will be unveiled by the Treasury Department, whose head Steven Mnuchin (pictured) is set to meet with the GOP Senators today to discuss the package.