(Bloomberg) — The top Democrats in Congress Wednesday proposed pushing the next round of economic stimulus to $500 billion, double what the Trump administration and GOP leaders are seeking.
Treasury Secretary Steven Mnuchin asked Congress Tuesday to add $250 billion to a program for small businesses, but House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer said in a statement Wednesday that they also want $100 billion for hospitals and $150 billion for state and local governments. Democrats are also calling for a 15% increase in nutrition assistance for the needy.
The next stimulus package “must provide transformational relief as the American people weather this assault on their lives and livelihoods,” the Democratic leaders said. “The American people need to know that their