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CORONAVIRUS: US proposes $850bn rescue package for businesses, taxpayers

An emergency economic rescue package worth $850billion has been proposed by White House for United States businesses and taxpayers following the outbreak of Coronavirus.

The Treasury Secretary, Steven Mnuchin, will outline the package to the Senate at a private lunch on Tuesday.

White House officials offered senators a preliminary briefing late on Monday at the Capitol, saying they want the plan approved by Congress as soon as possible.

Meanwhile, Iranian authorities said on Tuesday millions could die in the country if the public keeps travelling and ignoring health guidance on the coronavirus.

READ ALSO: Biden, Sanders slam Trump over handling of coronavirus outbreak

A state television journalist, who also is a medical doctor, gave the warning hours after hardline Shia-Muslim faithful pushed their way into the courtyards of two major shrines that had just been closed over fears of the virus.

The Islamic Republic’s Supreme Leader, Ayatollah Ali Khamenei, had also warned against “unnecessary” travel in the country.

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