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Rep. Alexandria Ocasio-Cortez (D-N.Y.) said on CNN's "State of the Union" that direct cash payments designed to curb the economic damage caused by the coronavirus pandemic should be provided to all Americans, regardless of income levels.

Why it matters: Senate Majority Leader Mitch McConnell's "Phase 3" stimulus package proposal would send $1,200 payments to every American making less than $75,000 annually. The payment amount would be reduced by $5 for every $100 that an individual earns over $75,000 and phased out entirely for individuals making more than $99,000.

What she's saying:

"I do think it should be universal. I hear the argument of people saying, 'Why are you going to give a check to Bill Gates?' One of the things that we're saying is tax [the money] back a year from now so that we don't have to worry about a big complicated, bureaucratic means test upfront. Mail them all out to everybody, and let's get them back from the folks who don't need it next year."
— Alexandria Ocasio-Cortez

Between the lines: Poor families who do not have federal income tax liability would see smaller payments, though the minimum would be set at $600, according to the Washington Post.

  • Sen. Josh Hawley (R-Mo.) criticized that aspect of the bill on Twitter, saying: “Relief to families in this emergency shouldn’t be regressive. Lower-income families shouldn’t be penalized.”

The big picture: Treasury Secretary Steven Mnuchin said on "Fox News Sunday" that he expects the Senate to vote on the "Phase 3" stimulus package on Monday morning.

  • It will part of one of the largest and most expensive stimulus packages in American history.

Go deeper: The coronavirus outbreak could hit every sector of the economy

Go deeper

Venezuela suspends talks with opposition after Maduro ally extradited to U.S.

Venezuelan President Nicolás Maduro in Caracas, Venezuela, in June. Photo: Gaby Oraa/Bloomberg via Getty Images

A key ally of Venezuela's President Nicolás Maduro was extradited from Cape Verde to the U.S. Saturday to face money laundering charges in Florida, Bloomberg first reported.

Why it matters: Venezuela's government called off negotiations with opposition officials that were scheduled for Sunday in Mexico in response to the extradition of Alex Saab, a Colombian businessman and financial fixer for Maduro.

4 hours ago - Health

5 times as many police officers have died from COVID as from guns since pandemic began

Photo: Genaro Molina / Los Angeles Times via Getty Images

COVID-19 is the leading cause of death for police officers even though members of law enforcement were among the first to be eligible to receive the vaccine, CNN reports, citing data from the Officer Down Memorial Page.

Why it matters: Nearly 476 police officers have died of COVID-19 since the pandemic started, compared to the 93 deaths as a result of gunfire in the same time period, according to ODMP and CNN.

Virginia energy giant quietly boosts McAuliffe

Former Virginia Gov. Terry McAuliffe speaks during a campaign rally on Oct. 15 in Henrico, Virginia. Photo: Win McNamee/Getty Images

Virginia Democrat Terry McAuliffe has sworn off money from the Richmond company Dominion Energy. But the utility has found more subtle ways to back McAuliffe's gubernatorial bid, records show.

Driving the news: Dominion's political action committee has donated $200,000 to a murky political group called Accountability Virginia PAC, a group with ties to prominent Democrats that's been running ads attacking Republican candidate Glenn Youngkin from the right.