Trump Reverses, Offers $1.8 Trillion Stimulus Package

CNBC reports:

The White House will take a $1.8 trillion coronavirus stimulus offer to Democrats as the sides work to strike a deal before the 2020 election, a source told CNBC.

The plan would mark an increase from the $1.6 trillion the Trump administration previously proposed. House Democrats passed a $2.2 trillion bill earlier this month, and the sides have struggled to find a consensus in between those figures.

On Friday afternoon, Trump economic advisor Larry Kudlow, director of the National Economic Council, said the president had approved a “revised” package ahead of another planned discussion between Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi. In a tweet, Trump urged negotiators to “Go Big!”