ET White House Floats $1.8 Trillion Stimulus Offer in Last-Ditch Effort: Live Updates S&P 500 U.S. % Dow U.S. % Oil W.T.I. The White House raises its stimulus offer in scramble to revive talks. The new proposal, for Treasury Secretary Steven Mnuchin to present to congressional Democrats, would increase the White House’s plan for coronavirus stimulus to $1.8 trillion. A White House official said that Mr. Trump was calling Republican senators on Friday to drum up enthusiasm for a last-minute deal. Democrats in the House have already passed a plan for $2.2 trillion of spending, and the White House had previously said it was seeking to spend $1.6 trillion.

Source: New York Times October 09, 2020 08:59 UTC