U.S. Treasury Says Coronavirus Relief Plan Calls for $4 Trillion


The emergency coronavirus relief package that the U.S. Congress is negotiating for businesses and people hit hard by the pandemic calls for up to $4 trillion in aid, Treasury Secretary Steven Mnuchin said Sunday.

Under one component of the plan a "significant package working with the Federal Reserve will have up to $4 trillion of liquidity that we can use to support the economy," Mnuchin told "Fox News Sunday."

America is enduring its own fast-growing slice of the world upheaval that has seen businesses shut down en masse, workers laid off overnight, schools close and millions of people adjusting to life confined to their homes.