‘More targeted’: Republicans mull next economic aid package, and it won’t be soon
by Susan Ferrechio, Chief Congressional Correspondent |
| June 23, 2020 06:42 PM
Treasury Secretary Steven Mnuchin Tuesday held what was described as a listening session with Senate Republicans about a new round of economic stimulus, and it was clear there is little GOP support for another fast round of massive spending.
"From my standpoint, it's obvious anything we do in the future has to be better targeted,†Sen. Ron Johnson, a Wisconsin Republican, told the Washington Examiner as he left the meeting.
Mnuchin agreed as he left a closed-door Senate GOP lunch, where he listened for an hour to Republicans talk about what their states need to help further recover from the economic impact of the coronavirus outbreak.
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“Whatever we do, it will be much more targeted, much more focused on jobs, bringing back jobs,†Mnuchin said as he left. He told reporters that lawmakers and the administration were discussing “different ideas,†but he did not provide details.
Republicans are in no rush to take up new spending legislation and instead appear to agree to wait until later in the summer to allow economies to bounce back after months of closed stores, restaurants, and other businesses.
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https://www.washingtonexaminer.com/news/congress/more-targeted-republicans-mull-next-economic-aid-package-and-it-wont-be-soon
