White House economic adviser says additional coronavirus stimulus package might not be necessary
4 years, 8 months ago

White House economic adviser says additional coronavirus stimulus package might not be necessary

CNN  

CNN — 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.

History of this topic

Americans to begin receiving new stimulus checks from this weekend, White House says
3 years, 9 months ago
Covid relief bill: Congress sends $1.9 trillion pandemic relief package to Biden’s desk
3 years, 9 months ago
Coronavirus | Biden’s 'transformative' COVID-19 rescue plan on cusp of passing Congress
3 years, 9 months ago
Coronavirus | Joe Biden’s COVID-19 rescue plan clears crucial Senate hurdle
3 years, 10 months ago
As Biden and Republicans meet, Democrats prepare to move on COVID relief alone
3 years, 11 months ago
Biden announces USD 1.9 trillion COVID-19 stimulus plan to revive US economy
3 years, 11 months ago
House Passes $2,000 Coronavirus Stimulus Check Legislation
4 years ago
President Trump throws Covid relief bill in doubt by asking Congress to amend it
4 years ago
In face of ‘grim’ jobs report, Biden backs more COVID-19 aid
4 years, 1 month ago
Coronavirus-stimulus efforts pick up speed
4 years, 1 month ago
US Treasury Secy Mnuchin moves to restart stimulus talks with Democrats
4 years, 1 month ago
White House Urges Vigilance On Coronavirus But Rejects Lockdowns As Solution
4 years, 1 month ago
A new coronavirus stimulus package looks unlikely until Biden administration
4 years, 1 month ago
White House says chances slim on pandemic aid deal before election
4 years, 2 months ago
Coronavirus Relief Package Not Coming Before Election
4 years, 2 months ago
White House, Democrats inch toward coronavirus stimulus package, including more checks
4 years, 2 months ago
COVID delay: New coronavirus relief slipping past election
4 years, 2 months ago
Stimulus update: Trump abruptly scraps talks, punting on economic relief until after Election Day
4 years, 3 months ago
Stocks Slump After Trump Halts Coronavirus Stimulus Talks Until After Election
4 years, 3 months ago
Donald Trump presses for stimulus deal, saying ‘get it done’
4 years, 3 months ago
Greedy investors give the US Fed a thumbs down, eye more stimulus
4 years, 3 months ago
White House, Democrats at odds on virus aid but talking
4 years, 5 months ago
Larry Kudlow Says Next Coronavirus Stimulus Draft Will Include A Second $1,200 Check
4 years, 5 months ago
GOP coronavirus plan includes another $1,200 check, cuts unemployment benefit to $200
4 years, 5 months ago
White House prepares to tell the nation that COVID-19 will become a part of life
4 years, 6 months ago
The Coronavirus Is Still Spreading, Trump And Congress Are Still Dithering
4 years, 6 months ago
McConnell Says Next Coronavirus Aid Bill Will Be The Last
4 years, 7 months ago
Progressives See Coronavirus Crisis As A Chance To Make Big, Lasting Policy Changes
4 years, 7 months ago
Republicans pump brakes on new Covid stimulus spending
4 years, 7 months ago
President Donald Trump’s turn to the economy leaves a vacuum when it comes to controlling the pandemic
4 years, 7 months ago
Democrats push new $3T coronavirus relief bill through House
4 years, 7 months ago
Democrats push new $3 trillion coronavirus relief bill through House
4 years, 7 months ago
House Democrats approve $3-trillion coronavirus relief bill
4 years, 7 months ago
House Passes $3 Trillion Coronavirus Relief Bill That Has Dim Future
4 years, 7 months ago
House Democrats Unveil $3 Trillion Proposal For Coronavirus Relief
4 years, 7 months ago
Trump administration officials say fourth stimulus package is premature
4 years, 7 months ago
Trump’s push to reopen comes as hopes for a quick recovery fades
4 years, 8 months ago
McConnell and Pelosi ‘respectfully decline’ HHS offer to supply Congress with rapid coronavirus tests
4 years, 8 months ago
Stay home or reopen? We can avoid Trump's fake choice with a big, bold stimulus
4 years, 8 months ago
After Donald Trump's coronavirus disinfectant gaffe, White House aims for US president to refocus on economy
4 years, 8 months ago
White House shifts from raising alarms to reopening country
4 years, 8 months ago
Trump uses coronavirus crisis to push other policy priorities
4 years, 8 months ago
Senate approves $483B virus aid deal, sends it to House
4 years, 8 months ago
Powerful GOP allies propel Trump effort to reopen economy
4 years, 8 months ago
Lessons From Congress' Last Experience Helping Rescue An Economy In Free Fall
4 years, 8 months ago
Coronavirus Outbreak: Hope govt will announce stimulus packages to rebuild economy after lockdown extension, says Nasscom
4 years, 8 months ago
IRS Budget Cuts, Staffing Challenges Create Coronavirus Payment Headaches
4 years, 9 months ago
Lawmakers pitch pet priorities for next stimulus bill
4 years, 9 months ago
US Congress passes USD 2 trillion stimulus package to sail through coronavirus crisis
4 years, 9 months ago

Discover Related