The White House and Treasury Department have laid out a fiscal plan to inject a trillion dollars into the hemorrhaging U.S Economy, providing funds for severely distressed Americans, small businesses, and entire industries. CNN obtained a memo from the Treasury Department, dated March 18th, with specifics on the proposal--how and when the monies would become available. HEADLINE has compiled a list of the “Stage 3” proposals below.

$200 Billion for Industry Bailouts: The airline industry, which some analysts predict could be completely bankrupt by May, would stand to receive $50 billion in loans spread between the major air carriers. Other severely impacted industries would see a combination of $150 billion total in loans with this Administration-Treasury plan. $500 Billion in Direct Payments: Low and middle-class American families are getting hammered left and right by the worsening economic situation. Under the “Stage 3” proposal, American adults would receive checks or ETF transfers from the IRS on April 6th and May 18th. The funding amounts would be tiered based on income and family size, but the current language suggests that adults could expect to receive $1,000 dollars and children $500. Both payment dates would provide equal funding. $300 Billion for Small Businesses: As many businesses lay off workers, some entire industries rarely offer paid-time-off to employees. Chief among these are the service industries--restaurants, bars, etc. The “Stage 3” plan would provide low-interest loans to businesses that need financial assistance to pay workers who are laid-off. Federally Back Money-Market Funds: Similar to a step taken during the Great Recession, the “Stage 3” plan seeks to federally-insure mutual funds, thus preventing a run on the market.

While the Administration-Treasury’s “Stage 3” list of proposals offers a number of critical financial supports to prop up the working class and American economy, it’s important to note that this is just the first Republican-lead proposal. Democrats like Senator Sanders and Representative Maxine Waters have put forward their own proposals which include $2,000 dollar payments to every American adult, renters/homeowners assistance, extended paid leave, and a number of other enhanced programs. Senator Elizabeth Warren is pushing hard for corruption-reform issues, such as language in the bill that would require bailed-out companies to forgo stock buy-backs.

While the specific dollar amounts and levels of aid remain uncertain, Americans can rest assured that the Administration, Senate, and House are committed to pushing through expedited, bipartisan economic relief. Expect concrete numbers within the week, expect monetary aid within 3 weeks.

HEADLINE will continue to follow the status of “Stage 3” negotiations and provide updates as they become available.