Senate Republicans are tossing out the payroll-tax cut in favor of a 2nd round of stimulus checks

Senate Republicans are scrapping the payroll tax cut from their initial coronavirus relief bill in favor of stimulus checks, Treasury Secretary Steven Mnuchin said on Thursday. "We think the payroll tax cut is a very good, pro-growth policy. But the president's focus is he wants to get money into people's pockets now because we need to reopen the economy," Mnuchin said on CNBC's "SquawkBox." Trump had insisted on including the payroll tax cut, and the development marks a dramatic reversal for th...