Senate GOP cool to new economic stimulus measures
4 years, 10 months ago

Senate GOP cool to new economic stimulus measures

CNN  

CNN — Senate Republicans are cool to new economic stimulus proposals the Trump administration is planning to roll out as they await a briefing from top White House economic officials on potential next steps. We’re going to be meeting with House Republicans, Mitch McConnell, everybody discussing a possible payroll tax cut or relief, substantial relief,” Trump said during a press briefing on the coronavirus response. But it was clear from Senate Republicans coming out of the meeting that there is little appetite to tackle wide-scale economic stimulus at the moment and there is concern that some of the proposals that have been floated by White House officials in recent days, from the payroll tax cuts to more direct spending measures, represent potential problems for the conference in the weeks ahead. “I usually love tax cuts, but I think it’s a little bit premature again.” One member said that there was a real discussion about the option the White House may lay out Tuesday, but Republicans in the leadership meeting were “not really excited about some of the options on the table.

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