Just a short while ago, Pres. Trump accompanied by some White House staff members announced that they are planning to send a check in the amount of $1,000.00 to U.S. citizens. The payments represent part of a new 'Stimulus' package, intended to help ease possible economic hardships, due to Clovid-19 preventive measures.
Secretary of the Treasury, Steve Mnuchin acknowledged that the method of distribution has not been completely determined, but the projected delivery of funds to citizens can be expected within the next two weeks.
Also mentioned in the one hour televised address, were intentions to grant economic aid to certain Companies, within industries suffering loses due to the Corona Virus sanctions imposed upon them, as well as to help reduce any potential downturn in the Financial Markets.
Airline Companies were among those who will, in part, be beneficiaries of the new monies released by the Feds. which is estimated to begin at approximately $850 billion dollars.