White House economic adviser says additional coronavirus stimulus package might not be necessary
CNNCNN — White House economic adviser Kevin Hassett said that another round of coronavirus relief legislation might not be necessary, as Democrats push for Congress to provide more federal funding to cash-strapped state and local governments. “I think right now, because there’s been good news really, that the opening up is starting to happen faster than we expected, appears to be doing so safely, then there is a chance that we won’t really need a phase four,” Hassett said on Fox News Saturday morning. Speaking to reporters after his interview on Fox News, Hassett said that a potential phase four deal might be geared toward “growth and taking off and recovering, rather than just building a bridge to recovery.” President Donald Trump said earlier in the week that he would consider funding for states in a potential “phase four” stimulus package, but that “we want to take a little bit of a pause” before passing such a package. House Speaker Nancy Pelosi promised during an interview with CNN’s Jake Tapper last Sunday that state and local governments will receive relief funding “in a very significant way.” Republicans have stipulated that more money for states must come along with liability protections for businesses and health care professionals from potential lawsuits.