Trump Team Envisions Up to $1 Trillion for Next Stimulus Round
- McConnell has said no plans to act on stimulus until July
- House last month passed a $3.5 trillion stimulus bill
President Donald Trump
Photographer: Brendan Smialowski/AFP via Getty Images
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Trump administration officials increasingly expect to spend up to $1 trillion in the next round of economic stimulus, according to people familiar with the matter, though action on a measure is unlikely until at least next month.
While officials coalesced on that limit after Senate Majority Leader Mitch McConnell told them the bill could approach $1 trillion, President Donald Trump has not made a final decision. Trump has said he wants to include an infrastructure package and other measures in the next stimulus that would push spending beyond that amount.