Key Republicans say May jobs report suggests new coronavirus spending unnecessary

  • 📰 YahooNews
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 59%

United States Headlines News

United States Latest News,United States Headlines

The remarks cast fresh uncertainty on the prospects of Congress passing another round of federal coronavirus aid.

WASHINGTON — A better-than-expected jobs report Friday prompted some top Republicans and advisers of President Donald Trump to argue that additional coronavirus aid may not be necessary.

"I don't think you're going to see any support among Republicans for a bailout of states and cities," he said."The most important thing now is to get rid of the extra unemployment benefits that are so discouraging to work and unfair to people who are working." "Chairman Grassley will work with his colleagues on any potential further coronavirus response legislation if it becomes necessary," he said."It’s too early to say what that legislation might encompass. It would need to address any ongoing problems in an effective manner and encourage further job growth."

The Democratic-led House has passed the $3 trillion Health and Economic Recovery Omnibus Emergency Solutions Act, or HEROES Act, to provide aid to state and local governments, essential workers, employers and individuals. It extends the $600-per-week boost in coronavirus jobless benefits that are set to expire at the end of July.

“In order to avoid the risk of another great depression, Senate Republicans ought to stop sitting on their hands and work with Democrats to immediately pass legislation to make sure that everyone in America has the income and job security they need to feed their families and put a roof over their heads."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The GOPTraitors will find out what all of US think about them in November2020

they want a crash and burn so the Kochs and their cronies can own the country.

The jobs numbers are a fraud, and the Labor Dept admits it.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 380. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Geoffrey Kamworor Shares a Few Key Exercises That Keep Him FitSpoiler: His newest training partners are his kids.
Source: runnersworld - 🏆 19. / 71 Read more »

‘Dreamland’ Director Bruce McDonald on How His Design Team Created a Key SequenceAs theaters tentatively start to reopen around the U.S. without the usual glut of studio product to fill their screens, there’s an opportunity for filmmakers who previously might not have edged the…
Source: Variety - 🏆 108. / 63 Read more »

Buy Disney shares with 'both hands' if they reach this key level, Miller Tabak saysDisney is enjoying its best quarter in more than a decade. Miller Tabak's Matt Maley says it could pull back, but he sees two key levels where it would become a buy. TradingNation I stroke my cock with both hands TradingNation good luck TradingNation It feels like a generational opportunity at these levels. Buy and hold. Contrarian. Thanks for the hot stock tip
Source: CNBC - 🏆 12. / 72 Read more »

European markets set to edge higher ahead of key U.S. jobs reportEuropean markets are expected to open higher on Friday as investors digest an expansion of the European Central Bank's bond buying program and await the U.S. nonfarm payrolls report due later in the day. If markets are moving up on 20% unemployment, there I’d something seriously wrong with these economies
Source: CNBC - 🏆 12. / 72 Read more »

AP Explains: Key takeaways from a surprising jobs reportFive major takeaways from a jobs report that showed the economy faring better than expected, even if the overall picture remains bleak, with many millions still jobless and unemployment well into double digits. Trump put in a new BLS head & Labor Secretary in an election year & nobody knows the value of cooking the books more than Trump has avoiding taxes his whole life & boasted about that being smart during 2016 debates so pretty clear reason nobody saw these numbers coming FakeNews Whew. Glad you guys cleared this up. I was worried people were actually going back to work and the economy might be bouncing back. Does anyone honestly believe that report!? Under this failed president? Lol at any idiot who does
Source: AP - 🏆 728. / 51 Read more »

'We're back' — Cramer says May's shocking, record jobs gains show economy bouncing backCNBC's Jim Cramer on Friday raved about the May jobs report, saying the 2.5 million jobs added was evidence the U.S. economy was bouncing back from the coronavirus-induced devastation. MadMoneyOnCNBC jimcramer Wait until the second wave of furloughs and the stimulus runs out MadMoneyOnCNBC jimcramer MadMoneyOnCNBC jimcramer I my Late Mom despised their use of bs descriptive words to enhance their knowledge of ECONOMICS101! Their credibility would be better lbybrellacing real economic data analysts!
Source: CNBC - 🏆 12. / 72 Read more »