As American families brace for the economic impacts of the coronavirus, Republican Senator Mitt Romney of Utah is proposing each American adult receive a one-time payment of $1,000 designed to provide economic relief and stability.

WASHINGTON (CBS NEWS) — As American families brace for the economic impacts of the coronavirus, Republican Senator Mitt Romney of Utah is proposing each American adult receive a one-time payment of $1,000 designed to provide economic relief and stability, CBS News rroney eports.

Romney unveiled a series of measures Monday to respond to the coronavirus, which has local and state officials ordering closures of schools, restaurants, theaters and bars, and has largely brought day-to-day activities of many Americans to a halt. His plan includes a provision to immediately send the $1,000 checks to ensure Americans can meet short-term financial obligations and boost spending.

While the Senate should act swiftly on the House relief bill, we also need to work urgently on additional #COVID19 response measures to help families and small businesses. My proposals: https://t.co/62YevTMgCI — Senator Mitt Romney (@SenatorRomney) March 16, 2020

The Utah senator also suggested providing grants from the Small Business Administration to small businesses that don't receive other federal loans, deferring student loan payments for recent college graduates and requiring private insurance plans to temporarily cover telehealth services.

Romney noted that the coronavirus response package passed by the House last week includes crucial measures designed to help families but said additional steps should be taken.

"We also urgently need to build on this legislation with additional action to help families and small businesses meet their short-term financial obligations, ease the financial burden on students entering the workforce and protect health workers on the front lines and their patients by improving telehealth services," Romney said in a statement, adding that he will be advocating for the proposals as the Senate weighs an additional relief package.

The legislation approved overwhelmingly by the House just after midnight Saturday addresses the economic impacts of the coronavirus pandemic. The package requires free coronavirus testing, expands funding for food security programs, provides emergency family and sick leave, and boosts funding for unemployment insurance and Medicaid funding.

In addition to the House-passed legislation, which the Senate is set to take up this week, President Trump signed an $8.3 billion emergency funding package earlier this month. Senate Minority Leader Chuck Schumer on Monday unveiled a new proposal to inject $750 billion into the fight against the virus and to help those affected by the crisis.