The Trump administration and Republicans are now pushing a package with a price tag of $1 trillion, but Mnuchin has said that they "will spend what we need to spend" to get the right package passed and signed.
The draft closely mirrors what Senate Majority Leader Mitch McConnell outlined in remarks laid out on the Senate floor Thursday on what GOP leadership and the White House are negotiating, including providing $105 billion for schools, with at least part of the funding contingent on schools reopening doors in the coming months.
The delay has prompted criticism from Democrats who noted that the House of Representatives, which they control, had passed its own $3tn recovery proposal two months ago.
Juventus are 'physically and mentally tired', says Sarri
A defensive header out came straight to De Ligt and he took one touch before firing powerfully into the bottom left corner. Then with the game heading for a 1-1 draw, the hosts stunned Juventus with a 92nd minute victor scored by Seko Fofana.
"The [Trump] administration has requested additional time to review the fine details, but we will be laying down the proposal early next week", the Kentucky Republican told reporters. It is simply unacceptable that Republicans have had this entire time to reach consensus among themselves and continue to flail. "Hopefully we can come together behind some package we can agree on in the next few weeks". It also held $1,200 more per dependent up to three.
GOP Sens. Charles Grassley of Iowa, Lamar Alexander of Tennessee, Susan Collins of Maine, Marco Rubio of Florida and others are spearheading various provisions of the proposal and will introduce various components on Monday, McConnell said Thursday.
In a CNBC interview with Mnuchin, he said a Republican bill would extend a reduced level of federal unemployment income and have a second round of $1,200 direct payments that are like those sent four months prior.
"I'm not going to mince words: a Republican failure to continue the $600 a week federal unemployment supplement would represent a racially discriminatory action". Other GOP senators also sounded unsure over the timeline of the bill's release and said the bill is still a "work in progress".
Iran pres. says estimated 25 mil. Iranians infected with coronavirus
According to him, another 35 million are at risk of becoming infected, as the population still does not have collective immunity. Iran has seen the worst outbreak in the Middle East , with more than 270,000 confirmed cases and at least 13,979 deaths.
The Republican plan is expected to include another round of $1,200 checks, as well as around $70 billion for schools-half of which will be tied to reopening.
Mr Trump had been pushing a payroll tax cut, but Senate Republicans did not want to include it because they felt it did little to help out-of-work Americans. "Once again, the Republican Senate is far more comfortable providing relief to big corporations than relief to American workers and American families".
Gold price in Nepal reaches all-time high
The biggest risk factor for gold's rally is that record high prices may further weaken consumer demand in India, says Kotak Securities.