Treasury Secretary Steve Mnuchin arrives for a meeting in the office of U.S. Senate Majority Leader Mitch McConnell (R-KY) to wrap up work on coronavirus economic aid legislation, during the coronavirus disease (COVID-19) outbreak in Washington, U.S.
Image Source: 
REUTERS/Mary F. Calvert
Featured

Donald Hammond (formerly at US Treasury Department) and David Wilcox (PIIE)

The massive coronavirus rescue package will provide checks for adults and children covering more than 100 million Americans. But the check distribution mechanics may impede their reach, especially to individuals at the bottom of the income distribution. A strategy for reaching Americans in need would involve using multiple distribution channels, including a revamped unemployment insurance system.

The Peterson Institute for International Economics will be closed to staff and visitors as of 6pm Friday, March 13. All PIIE personnel will work remotely, with access to telephone messages, until further notice.

Photo Credit: 
REUTERS/Mary F. Calvert