Republicans Block More Stimulus…


Date: September 02, 2020

01) Republicans Block More Stimulus


“Republicans are done helping working-class Americans.

White House chief of staff Mark Meadows told CNBC on Tuesday that aid to state and local governments poses the biggest obstacle to a pandemic relief deal, even as “real progress” was being made between Democrats and Republicans.

Democrats have pushed for nearly $1 trillion in aid to municipalities hit by revenue shortfalls as a result of the coronavirus crisis, but Meadows told “Squawk on the Street” that figure was not “based on reality.”

Meadows said the GOP would support only $150 billion in new funding to state and local governments. That figure, on top of a previously allocated $150 billion, would rectify what he said was an approximately $275 billion loss in revenues sustained during the recession.

Citation:
https://www.cnbc.com/2020/09/01/covid-19-stimulus-meadows-says-aid-to-states-the-biggest-obstacle.html

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