US Treasury Secretary Steven Mnuchin on Tuesday unveiled a new $916 billion pandemic aid proposal, aiming to break a months-long deadlock in Congress over additional aid to the coronavirus-ravaged US economy.
The proposal, slightly larger than a $908 billion measure unveiled by a bipartisan group of senators last week, would include "money for state and local governments and robust liability protections for businesses, schools and universities," Mnuchin said in a statement, all of which have been key sticking points in the negotiations.
Mnuchin said he presented the proposal to Democratic House Speaker Nancy Pelosi in a meeting Tuesday evening, and also reviewed it with outgoing President Donald Trump.
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