Treasury secretary says stimulus deal would keep US economy afloat for three months

(CNN) https://livestream.com/accounts/25723746/events/8522569/videos/203526886 The coronavirus stimulus deal agreed upon by the Senate will keep the US economy afloat for three months, Treasury Secretary Steve Mnuchin said Wednesday during a White House press briefing.

When asked how long the deal would keep the economy afloat, President Trump didn’t have a concrete timeline.

“Hopefully, a long time. If we have to go back, we have to go back. We have to take care of the American worker. We’re going to take care of these companies that fuel this country … it’s not their fault,” Trump said.

Mnuchin clarified that the administration anticipates the deal to cover the needs of the US economy for three months.

“Hopefully we won’t need this for three months,” Mnuchin continued. “We expect that this is a significant amount of money if needed to cover the economy.”