Congress has cut federal funding for public media — a $3.4 million loss for LAist. We count on readers like you to protect our nonprofit newsroom. Become a monthly member and sustain local journalism.
You Might Get A $1,000 Check From The Federal Government Due To Coronavirus
President Donald Trump, joined by members of the Coronavirus Task Force, speaks at the White House on March 17, 2020. (Drew Angerer/Getty Images)
()
President Trump is pushing a plan to send money directly to Americans in response to the coronavirus, saying it's time to "go big" to boost the now stalled economy. How much the checks will be for is still under consideration, but they're considering $1,000 each.
Trump said he wants to push through a major comprehensive package to help businesses and workers facing hardships.
"That's the way I want to go. I just want to get it done and have a big infusion, as opposed to going through little meetings every couple of days," Trump said. "We want to go big."
Treasury Secretary Steven Mnuchin is meeting with lawmakers Tuesday to discuss details of the administration's proposal.
Support for LAist comes from
Mnuchin said Trump wants to start sending out checks within the next two weeks.
It's not clear what income restrictions might be put on the stimulus payments, but Mnuchin said they don't want to be sending checks to millionaires.
Trump and Mnuchin did not say how much the proposal would cost, but a person familiar said earlier on Tuesday that the White House is asking Congress for $850 billion in aid.
The administration is also planning to allow Americans to defer tax payments up to $1 million for 90 days.
The impact of the outbreak has ground the U.S. economy to a near standstill.
MORE ON CORONAVIRUS:
As Editor-in-Chief of our newsroom, I’m extremely proud of the work our top-notch journalists are doing here at LAist. We’re doing more hard-hitting watchdog journalism than ever before — powerful reporting on the economy, elections, climate and the homelessness crisis that is making a difference in your lives. At the same time, it’s never been more difficult to maintain a paywall-free, independent news source that informs, inspires, and engages everyone.
Simply put, we cannot do this essential work without your help. Federal funding for public media has been clawed back by Congress and that means LAist has lost $3.4 million in federal funding over the next two years. So we’re asking for your help. LAist has been there for you and we’re asking you to be here for us.
We rely on donations from readers like you to stay independent, which keeps our nonprofit newsroom strong and accountable to you.
No matter where you stand on the political spectrum, press freedom is at the core of keeping our nation free and fair. And as the landscape of free press changes, LAist will remain a voice you know and trust, but the amount of reader support we receive will help determine how strong of a newsroom we are going forward to cover the important news from our community.
Please take action today to support your trusted source for local news with a donation that makes sense for your budget.
Thank you for your generous support and believing in independent news.
Chip in now to fund your local journalism
(
LAist
)
Trending on LAist
-
With less to prove than LA, the city is becoming a center of impressive culinary creativity. -
Nearly 470 sections of guardrailing were stolen in the last fiscal year in L.A. and Ventura counties.
-
Monarch butterflies are on a path to extinction, but there is a way to support them — and maybe see them in your own yard — by planting milkweed.
-
With California voters facing a decision on redistricting this November, Surf City is poised to join the brewing battle over Congressional voting districts.
-
The drug dealer, the last of five defendants to plead guilty to federal charges linked to the 'Friends' actor’s death, will face a maximum sentence of 65 years in prison.
-
The weather’s been a little different lately, with humidity, isolated rain and wind gusts throughout much of Southern California. What’s causing the late-summer bout of gray?
Best of LAist