Skip to content
Search AI Powered

Latest Stories

Trump's Treasury Secretary Said With a Straight Face That Stimulus Checks Should Last People 10 Weeks, and Yeah, It Did Not Go Well

Trump's Treasury Secretary Said With a Straight Face That Stimulus Checks Should Last People 10 Weeks, and Yeah, It Did Not Go Well
CBS

Last month, Congress passed a $2.2 trillion spending package aimed at keeping the economy afloat in the face of a national health crisis that's left millions of Americans unemployed.

A crucial component of that legislation was the $1200 stimulus checks, which are currently trickling out to middle class Americans as a form of temporary relief.


A growing number of voices, however, say that a one-time payment of $1200 per month isn't enough to get by.

In New York City, the epicenter of the virus in the United States, monthly rent for an apartment routinely exceeds $1000, and the prices of groceries and other necessities easily surpass a remaining $200.

For the millions of Americans suddenly unemployed—many of them living paycheck to paycheck—a $1200 check only partially relieves their expenses.

President Donald Trump's Treasury Secretary, Steve Mnuchin, doesn't seem to get that.

When asked how long he expected these checks to last Americans, his answer spoke volumes.

Watch below.

Mnuchin said:

"These checks in the mail or direct deposit, it's really bridge liquidity for people as they go through these difficult times...I think the entire package provides economic relief overall for about 10 weeks."

While the package's other nearly-depleted loan allocations may allow some small businesses to stay afloat for 10 weeks, the $1200 payments Mnuchin was speaking of before barely last a fraction of that—especially in the large metropoles hardest hit by the virus.

It's not necessarily surprising, however, that Mnuchin would think this.

Since his appointment to the Treasury Department, he and his wife have come under fire for flaunting their opulent lifestyle on social media.

From an Instagram post of Mnuchin and his wife exiting a government plane, in which she listed all the designers she was wearing...

To pictures of Mnuchin posing with gold bars...



Treasury Department

To posing with freshly-printed bills at the Bureau of Engraving and Printing...

The Mnuchins haven't hesitated to flaunt a brand of affluence that puts them out of touch with the vast majority of Americans.

The Treasury Secretary's answer only cemented that perception.








Several people thought the Mnuchins attempting to live on $1200 for 10 weeks would make for great television.



Americans are hurting, and that pain likely won't be alleviated any time soon if the Treasury Secretary thinks $1200 can last any American over two months.

More from News

Martin Kove; Alicia Hannah-Kim
Frazer Harrison/Getty Images; Monica Schipper/Getty Images

'Cobra Kai' Star Kicked Out Of Fan Event After Allegedly Biting Costar 'So Hard He Nearly Drew Blood'

Actor Martin Kove is in hot water after allegedly biting his Cobra Kai costar Alicia Hannah-Kim on the arm.

Kove plays Sensei John Creese in the Netflix series and in the 1980s The Karate Kid on which it is based. He was kicked out of a recent fan meet-and-greet following an incident in which Hannah-Kim says Kove assaulted her.

Keep ReadingShow less
Kayleigh McEnany
Fox News

McEnany Mocked Over Bonkers Prediction About The Number Of 'Nobel Peace Prizes' Trump Will Win After Iran Strikes

Joining a chorus of MAGA Republican President Donald Trump's MAGA minions, current Fox News employee and former Trump administration member Kayleigh McEnany proclaimed Monday that Trump might get 34 Nobel Peace Prizes to offset his 34 felony convictions.

The Nobel prizes were established by Swedish inventor, entrepreneur, and businessman Alfred Nobel upon his death in 1896, although the first prizes were not given until 1901.

Keep ReadingShow less
Marjorie Taylor Greene; Donald Trump
Al Drago/Getty Images; Suzanne Plunkett/Pool/Getty Images

MTG Epically Melts Down Over 'Nasty' Journalists Who Claim She's Beefing With Trump

After media outlets reported on Georgia Republican Representative Marjorie Taylor Greene's criticism of President Donald Trump's attack on Iran, Greene lashed out at journalists she claims are promoting the "fake narrative" that she's splitting from him after being one of his biggest supporters in Congress.

Earlier this week, she said that "when I’m frustrated and upset over the direction of things, you better be clear, the base is not happy," stressing that she "campaigned for no more foreign wars" and yet had to respond because "now we are supposedly on the verge of going to war with Iran."

Keep ReadingShow less
Donald Trump; Alexandria Ocasio-Cortez
Jakub Porzycki/NurPhoto via Getty Images; Anna Moneymaker/Getty Images

AOC Offers Fiery Response After Trump Lashes Out At Her For Threatening 'Impeachment' Over Iran Strikes

President Donald Trump attacked New York Democratic Representative Alexandria Ocasio-Cortez in a post on Truth Social, saying "she should be forced to take the Cognitive Test" after she called for his impeachment following his attack on Iran without explicit approval from Congress.

Earlier, Ocasio-Cortez said Trump's "disastrous decision to bomb Iran without authorization is a grave violation of the Constitution and Congressional War Powers," adding:

Keep ReadingShow less

People Divulge The Biggest Secrets They're Keeping From Their Spouse

We've all heard how important it is for long-term couples, especially married couples, to not keep secrets from one another.

Unfortunately, some dark secrets, like affairs, second families, and terrible choices, lurk in the closets of even the most loving-looking couples.

Keep ReadingShow less