Trump to Offer $1.8 Trillion Relief Package

The White House is preparing a $1.8 trillion coronavirus relief offer, its largest proposal to date in the long running negotiations with congressional Democrats, the Wall Street Journal reports.

Treasury Secretary Steven Mnuchin is expected to discuss a new $1.8 trillion proposal with House Speaker Nancy Pelosi when the two speak Friday.

However, Axios reports that two sources close to Senate leadership said President Trump “is desperate, has zero leverage to push them to support a bill crafted by Pelosi and congressional Republicans aren’t inclined to wrap themselves any tighter to a sinking ship.”