White House To Ask Congress To Approve $850B Stimulus Package

The video discusses a proposed $850 billion stimulus package aimed at mitigating the economic impact of the coronavirus. Treasury Secretary Steven Mnuchin emphasizes the urgency of passing the legislation, which includes relief for small businesses, tax cuts, and support for the airline industry. This proposal is distinct from the House Coronavirus Relief Bill, which is pending in the Senate and includes provisions for emergency food assistance and free virus testing. As of the latest update, there are over 5,000 confirmed coronavirus cases in the U.S.

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