About: http://data.cimple.eu/news-article/86a9acfd65fd49ddf3fac504bacc34786651c972286ebc433d3843c7

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An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	US Treasury Secretary Steven Mnuchin on Friday pledged to quickly send cash to Americans as part of the a massive $2.2 trillion relief package aimed at rescuing the coronavirus-battered economy. President Donald Trump is expected to sign the measure later Friday, once it is approved by the House of Representatives, which provides for payments of $1,200 for Americans making less than $75,000, and $500 for each child, to help support households as the economy faces crushing unemployment and a recession. "Americans need that money now, they can't wait for government to take three or four or six months like we normally do," Mnuchin said on Fox Business Network, adding he expected direct deposits of the cash to arrive in three weeks. Mnuchin also tried to clarify statements he made Thursday when he seemed to downplay as "not relevant" government data showing a staggering 3.3 million workers filed for unemployment benefits last week -- by far the highest ever recorded. "We're in an unprecedented situation where the government shut down major parts of the economy," he said in the interview Friday. "So whether it's unemployment claims, or other numbers, this doesn't reflect the normal economy." The COVID-19 outbreak in the US has grown into the world's largest, and is accelerating, pushing cities nationwide to shut down businesses and employers to lay off workers as people stay indoors. Economists are projecting a severe US recession, with a double-digit contraction and double-digit unemployment as soon as April -- far surpassing the worst of the global financial crisis in 2008. cs/hs
schema:headline	Mnuchin pledges speedy delivery of cash to Americans
schema:mentions	United States Secretary of the Treasury Downplay Fox Business Network Steven Mnuchin Unemployment benefits 2020 coronavirus outbreak in Singapore Great Recession President of the United States Donald Trump Speedy Delivery
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-03-27 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	85 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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