White House To Ask Congress To Approve $850B Stimulus Package

The video discusses a proposed $850 billion stimulus package aimed at mitigating the economic impact of the coronavirus. Treasury Secretary Steven Mnuchin emphasizes the urgency of passing the legislation, which includes relief for small businesses, tax cuts, and support for the airline industry. This proposal is distinct from the House Coronavirus Relief Bill, which is pending in the Senate and includes provisions for emergency food assistance and free virus testing. As of the latest update, there are over 5,000 confirmed coronavirus cases in the U.S.

What is the total value of the stimulus package announced to counter the economic effects of the coronavirus?

• $1 trillion

• $850 billion

• $950 billion

• $750 billion

Who emphasized the need to pass the stimulus legislation quickly?

• The Speaker of the House

• The Treasury Secretary

• The Vice President

• The President

Which sector is set to receive $50 billion from the stimulus package?

• Technology

• Airline

• Automobile

• Healthcare

What is one of the key differences between the White House proposal and the House Coronavirus Relief Bill?

• The White House proposal includes free virus testing.

• The House Bill includes a big tax cut for wage earners.

• The White House proposal is pending before the Senate.

• The House Bill includes emergency food assistance.

As of the latest update, how many confirmed coronavirus cases were reported in the United States?

• Over 6,000

• Over 4,000

• Over 3,000

• Over 5,000