During a private conference call with Democrats on Monday, House Speaker Nancy Pelosi (D-Calif.) said at least $1 trillion will be needed for the next coronavirus relief package.
Last month, Congress passed a $2.2 trillion stimulus package, and Pelosi said the next bill will build onto that, people on the call told Bloomberg News. Pelosi said there will have to be more direct payments to individuals, extended unemployment insurance, and additional funding for food stamps and the Payroll Protection Plan, which provides small business loans.
One lawmaker told Bloomberg News Pelosi also said the bill should help state and local governments, particularly in areas with no more than 500,000 residents. While the House isn't scheduled to be back in session until April 20 at the earliest, Pelosi said she wants the package passed this month. President Trump was asked on Monday evening about a second round of direct payments to Americans, and he said it is "absolutely under consideration."
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