Treasury Secretary Steve Mnuchin said a major economic relief package would provide families an average direct cash payment of $3,000 and would give the healthcare industry a massive infusion of $110 billion to cope with the spread of the coronavirus.

Mnuchin told Fox News Sunday the relief package that is set for a procedural vote later Sunday will include enhanced unemployment insurance and $4 trillion in liquidity the federal government can use to help businesses survive a drastic economic slowdown for up to 120 days.

The measure also includes $350 billion in aid to small businesses to help them retain workers instead of closing and firing them.

“Those are broad-based lending programs,” Mnuchin said, referring to the liquidity, adding they can be used for small and large businesses.

“Now that we’ve shut down major parts of the economy ... we can lever up to $4 trillion to help everything from small businesses to big businesses get through the next 90 to 120 days,” he said.

Secretary Mnuchin joined FOX News Sunday to discuss the latest economic relief package being discussed on Capitol Hill amid the coronavirus pandemic. Some highlights include small business loans, direct deposits, and enhanced unemployment insurance. #FNS #FoxNews pic.twitter.com/1eZKI15ONC — FoxNewsSunday (@FoxNewsSunday) March 22, 2020

Republicans last week called for about $208 billion in loans to major industries, including $58 billion for the airlines.

Mnuchin outlined part of the plan ahead of a meeting later Sunday morning with Senate Majority Leader Mitch McConnell, House Speaker Nancy Pelosi, Minority Leader Chuck Schumer, and House Minority Leader Kevin McCarthy.

McConnell, a Kentucky Republican, described the deal as close at hand, while Schumer, a New York Democrat, wants to see the details of the draft legislation.