MSNBC

MSNBC 17 Mar 2020

Steven Mnuchin Considers Sending Checks To Americans As Part Of Coronavirus Relief

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Treasury Secretary Steven Mnuchin told reporters that sending checks to Americans was being considered as part of a proposed coronavirus relief plan. MSNBC's David Gura has details on the economic impact this could have. Aired on 3/17/2020.


Treasury Secretary Steven Mnuchin discussed a potential coronavirus economic relief plan and mentioned that he was "looking at sending checks to Americans immediately."
FOX Business' Charlie Gasparino on how markets are reacting to the coronavirus and what options are available to combat it.
ABC News Chief Medical Correspondent Dr. Jennifer Ashton answers questions about what we can do to prevent the spread of coronavirus.
Authorities across Europe are trying to contain the spread of coronavirus by hunting down those who came into contact with infected people.…

… show captions ↓
CAPABILITIES. THANKS FOR JOINING US WITH THIS
THANKS FOR JOINING US WITH THIS CORONAVIRUS SPECIAL.
CORONAVIRUS SPECIAL. ONCE AGAIN, I’M CHRIS JANSING.
ONCE AGAIN, I’M CHRIS JANSING. >> I’M JOSHUA JOHNSON.
>> I’M JOSHUA JOHNSON. LET’S BEGIN WITH DAVID GURA.
LET’S BEGIN WITH DAVID GURA. THE TREASURY SECRETARY, STEVE
THE TREASURY SECRETARY, STEVE MNUCHIN, MADE SOME NEWS THERE
MNUCHIN, MADE SOME NEWS THERE AND SAID THAT THE FEDERAL
AND SAID THAT THE FEDERAL GOVERNMENT IS PLANNING TO GET
GOVERNMENT IS PLANNING TO GET MONEY INTO THE HANDS OF
MONEY INTO THE HANDS OF AMERICANS RIGHT NOW.
AMERICANS RIGHT NOW. IT SOUNDS LIKE THAT’S STILL IN
IT SOUNDS LIKE THAT’S STILL IN THE WORKS, BUT DO WE KNOW WHAT
THE WORKS, BUT DO WE KNOW WHAT THAT MIGHT MEAN?
THAT MIGHT MEAN? >> A LOT TO BE FIGURED OUT HERE,
>> A LOT TO BE FIGURED OUT HERE, BUT I WAS STRUCK BY THE TONE OF
BUT I WAS STRUCK BY THE TONE OF THE TREASURY SECRETARY.
THE TREASURY SECRETARY. A LOT OF URGENCY IN WHAT HE HAD
A LOT OF URGENCY IN WHAT HE HAD TO SAY.
TO SAY. AS YOU KNOW, JOSHUA, THERE’S
AS YOU KNOW, JOSHUA, THERE’S BEEN THIS BACK AND FORTH ABOUT
BEEN THIS BACK AND FORTH ABOUT WHAT THE MOST EFFECTIVE MEANS BY
WHAT THE MOST EFFECTIVE MEANS BY WHICH YOU CAN STIMULATE THE
WHICH YOU CAN STIMULATE THE AMERICAN CONSUMER IS.
AMERICAN CONSUMER IS. THE PRESIDENT SAID AS SOMEBODY
THE PRESIDENT SAID AS SOMEBODY WHO FAVORS A REDUCTION IN THE
WHO FAVORS A REDUCTION IN THE PAYROLL TAX, IT SEEMS HE’S COME
PAYROLL TAX, IT SEEMS HE’S COME AROUND.
AROUND. THE ADMINISTRATION HAS COME
THE ADMINISTRATION HAS COME AROUND TO THE IDEA OF THERE
AROUND TO THE IDEA OF THERE BEING A ONE-TIME OR TWO-TIME
BEING A ONE-TIME OR TWO-TIME INFUSION OF CASH INTO EVERYONE’S
INFUSION OF CASH INTO EVERYONE’S POCKETS.
POCKETS. NOW THE TREASURY SECRETARY SAID
NOW THE TREASURY SECRETARY SAID BEFORE HE LEFT THE DAIS THERE
BEFORE HE LEFT THE DAIS THERE THAT HE’S GOING UP TO CAPITOL
THAT HE’S GOING UP TO CAPITOL HILL.
HILL. HIS NEGOTIATIONS CONTINUE WITH
HIS NEGOTIATIONS CONTINUE WITH LEADERS IN CONGRESS AND WE’LL
LEADERS IN CONGRESS AND WE’LL HEAR MORE ABOUT THIS PLAN TO
HEAR MORE ABOUT THIS PLAN TO COME, BUT IT SOUNDS LIKE WHERE
COME, BUT IT SOUNDS LIKE WHERE THE ADMINISTRATION LEADING FOR A
THE ADMINISTRATION LEADING FOR A QUICK CHECK TO AMERICAN
QUICK CHECK TO AMERICAN CONSUMERS OF AN AMOUNT YET TO BE
CONSUMERS OF AN AMOUNT YET TO BE DETERMINED.
DETERMINED. >> THEY MADE THE STATEMENT IN
>> THEY MADE THE STATEMENT IN THE NEXT COUPLE OF WEEKS.
THE NEXT COUPLE OF WEEKS. A LOT OF QUESTIONS WE’VE BEEN
A LOT OF QUESTIONS WE’VE BEEN GETTING HERE HAVE ALSO BEEN
GETTING HERE HAVE ALSO BEEN ABOUT TAXES.
ABOUT TAXES. THEY BASICALLY SAID FILE YOUR
THEY BASICALLY SAID FILE YOUR TAXES BUT, IF YOU OWE MONEY,
TAXES BUT, IF YOU OWE MONEY, WE’RE GOING TO GIVE YOU A LITTLE
WE’RE GOING TO GIVE YOU A LITTLE BIT OF BREATHING ROOM, RIGHT?
BIT OF BREATHING ROOM, RIGHT? >> YEAH, SOMETHING THE TREASURY
>> YEAH, SOMETHING THE TREASURY SECRETARY EMPHASIZED AS WELL.
SECRETARY EMPHASIZED AS WELL. IF YOU NEED MORE TIME, TAKE MORE
IF YOU NEED MORE TIME, TAKE MORE TIME.
TIME. YOU’LL NOT BE FORCED TO PAY ANY
YOU’LL NOT BE FORCED TO PAY ANY MORE INTEREST AS A RESULT OF
MORE INTEREST AS A RESULT OF DELAYING BUT YOU HEARD STEVE
DELAYING BUT YOU HEARD STEVE MNUCHIN THERE SAY A COUPLE OF
MNUCHIN THERE SAY A COUPLE OF TIMES, IF YOU CAN FILE NOW, FILE
TIMES, IF YOU CAN FILE NOW, FILE NOW BECAUSE OF WHAT YOU JUST
NOW BECAUSE OF WHAT YOU JUST SAID, CHRIS.
SAID, CHRIS. IF YOU’RE OWED A REFUND YOU’D
IF YOU’RE OWED A REFUND YOU’D GET THAT FROM THE FEDERAL
GET THAT FROM THE FEDERAL GOVERNMENT AND AT THIS TIME WHEN
GOVERNMENT AND AT THIS TIME WHEN THE SOCIAL FABRIC SEEMS TENUOUS
THE SOCIAL FABRIC SEEMS TENUOUS FOR SO MANY PEOPLE AS THEY LOOK
FOR SO MANY PEOPLE AS THEY LOOK AT THIS ECONOMY, IT WOULD BE

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