White house to monitor state economies before deciding on more coronavirus aid
Yahoo - World·2020-05-13 10:53
By David Lawder
WASHINGTON (Reuters) - Top Trump administration officials want to wait and see the effects of state economies reopening before deciding the next stages of coronavirus rescue legislation, White House economic adviser Kevin Hassett said on Tuesday.
Hassett told a Brookings Institution webcast event that it was possible that existing aid meant to float businesses and workers through coronavirus shutdowns might be enough to keep the economy on solid ground if reopenings were successful, but more data was needed.
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