Officials in President Donald Trump’s administration, including Treasury Secretary Steven Mnuchin and White House economic adviser Larry Kudlow, said they were holding discussions with lawmakers on issues including potential aid to states whose finances have been devastated by the pandemic.
“We just want to make sure that before we jump back in and spend another few trillion of taxpayers’ money that we do it carefully,” Mnuchin said. “We’ve been very clear that we’re not going to do things just to bail out states that were poorly managed.”On CBS’s “Face the Nation,” Hassett said the U.S. unemployment rate could rise to somewhere “north of 20 percent” in May or June before the economy moves into what administration officials have said will be a robust recovery in late 2020.
FILE PHOTO: People queue to collect food distribution at Harlem's Community Kitchen and Food Pantry service by the Food Bank for New York City during the outbreak of the coronavirus disease in the Manhattan borough of New York City, U.S., May 9, 2020.
“If we go to a phase-four deal, I think that President Trump has signaled that, while he doesn’t want to bail out the states, he’s willing to help cover some of the unexpected COVID expenses that might have come their way,” Hassett said on CNN’s “State of the Union.” The United States will need more tests before schools can reopen later in the year, said Republican Lamar Alexander, chairman of the Senate Health, Education, Labor and Pensions Committee.
California must raise property taxes and no bailout from taxpayers. They need to clean up their own house and get rid of their illegals. Thei votes should not count in presidential elections as the violate the constitution.
We hope to strengthen support for the socially underprivileged to drastically alleviate unemployment and health concerns.
Direct payments to the people.
What's the point of advertising some package that won't help anyone but corporations? Shouldn't this be posted on Biz ?
Wish Lists: Democrats: food support, extended unemployment benefits, healthcare for the unemployed, housing support Republicans: capital gains tax cuts for the millionaires, elimination of worker protections, more money for NY real estate developers and hotel owners, body bags
yeah baby, another $2K/month UBI for everybody, party on Garth GOT_GOLD
Money. We need fucking money. SenKamalaHarris has a plan that I think would be the best option.
Who cares the DOW is up. That’s all trump cares about
And the markets go wild!! 😜
Not if we Open America ‼️🇺🇸
Hey, but that’s bullish for equities, right? It means the Fed won’t tighten.
Jobless rates are probably at 20% or over. This report doesn’t account for the multitude who have been shut out of the system due to glitches.
La tasa de mortalidad por coronavirus en LETICIA, ya va por 50,0 por cienmil hbt, en menos de un mes, mientras que Italia tiene 50,6 y España 56,7 en 4 meses ¿Es grave o no la situación? Preguntamos ¿Dónde están los resultados de las investigaciones por la corrupción denunciada?
someone hit me up