Larry Kudlow, director of the U.S. National Economic Council, speaks to members of the media at the White House in Washington, D.C., U.S., on Tuesday, April 7, 2020.White House economic advisor Larry Kudlow said Sunday that the next round of coronavirus relief will include $1,200 stimulus payments to Americans as well as an extension of the federal eviction moratorium.
"There's a $1,200 check coming, that's going to be part of the new package," Kudlow said in an interview on CNN's "State of the Union."a temporary and reduced extension of unemployment benefits, another round of stimulus checks, liability protection for businesses and funding for schools. "The check is there, the reemployment bonus is there. The retention bonus is there," Kudlow said of the next relief legislation. "There will be breaks, tax credits for small businesses and restaurants."The $600 weekly supplement to state unemployment checks that was imposed in March ended on Saturday. Democrats want to extend the aid while Republicans are set to reduce the subsidy, arguing that extended aid is a disincentive for unemployed Americans to find work.
As negotiations continue, it's not yet clear when the potentially reduced unemployment supplement would be imposed. The U.S. unemployment rate has surged to above 10% because of the pandemic, with nearly 32 million Americans now receiving unemployment benefits, according to the Labor Department.
Eviction moratorium only delays the act if nothing is done to help the tenants pay - either now or when the moratorium is lifted....
drebummy
Nothing's coming, because Dems won't agree to destroying Social Security and Medicare. Just more gridlock.
The longer they extend eviction moratorium a, the bigger the immediate and long term fallout, and more extensions of pain
America is in need of a proper mixed economy, with everyone able to access quality health care and education regardless of their own economic status and everyone should have access to quality social services when required.
I bet there are a lot of shorts out there right now.
Really, has the GOP Senate members agreed to this? This is ploy to boost markets, guaranteed. And yes, Larry looks just like Stevie.
Kudlow lies and you guys know it and won't call him on it, you are as much a part of the problem as the virus.
1200 is not enough.
Gee I guess they are worried about the whole country protesting.
PUMP IT LARRY
Here comes the 2nd round of inflation and balance sheet explosion 💥 fed inflation finance
We can’t have another relief!! Can’t find workers anywhere even though the unemployment is at an all time hight... PEOPLE ARE LAZY
Does golfman realdonaldtrump know stevenmnuchin1 & larry_kudlow r working on Sunday. Golf is 1 of the few words potus has n his vocabulary, uses, & may know what it means. The word WORK is certainly a foreign word to realdonaldtrump unlike the words dupe or cheat for example
dougfasho2 Eviction bans are ending, likely worsening the spread of the coronavirus
The virus will leave when this Administration is out of office. 🙏
KudlowIsAClown
These should be monthly at 2000 until we are able to have a successful vaccine and jobs rebound
But let’s bail out the corporations again... they won’t hire more people. They will give money back to current employees like upper management, and still expect to run with less staffed.
Where exactly should go and find work those who have been working in the music, entertainment, theater business? Those jobs are not coming back Walmart, Target? Does America have enough retail jobs or jobs where cross-training is not required to employ the millions of unemployed?
Nuts! 👎
Whatever form the aide takes the Congress should make si
❤️
economy get in and let’s take off. sir is not that simple. I ve said take off! cc: chigrl DiMartinoBooth NorthmanTrader GiacoDiego madorni JMilei ahatum carod2015 RossiAndres
The sad thing is, not even socialism can save USA at this point. It's just plain broke. Bith sides make promises with borowed money.
That's Good ...
Just remember this, anything you get free today, you will pay for it tomorrow...
Why put off the inevitable.
Let’s go 🙌🏾🤑
As trump said there are many names for the coronavirus. For sure one name should be the TRUMP VIRUS. Trump is partly responsible for 150,000 deaths and 4 million cases in the United States. I’d say that makes it a Trump Plague, Trump pandemic, TRUMP VIRUS
thats not kudlow .. is it ?
🤔 it’s not that simple! who is getting bailed out this time ?
'A disincentive to work' is such a lie. Most people out of work were put here because our employers had no work for us and could not afford to keep us on payroll (retail, hospitality, restaurants, etc...) There is no replacement job for us. We want to work just as much as govt.
Keep printing money till the whole system collapses and then the dollar will eventually be a toilet paper
Please stop screwing over the landlords. If you want to bail out renters pay their rent for them.
dumb ass interns at CNBC bubblevision
Wow, they better start coming up with something more creative, else these support shots will soon become poison for economy
Kudlow...Mnuchin same difference.
That is Steven Mnuchin🤣😂😬🤔🙄😝😀😉
Hey does this mean I can't be foreclosed on if i don't pay my mortgage or does it only apply to renters? I'm looking to yolo 3 months of rent in the stock market. serious Question.
so if you own a $200k house with a mortgage, you're shit out of luck?
stevenmnuchin1, It’s our money and I am blessed to still be working, but I would rather my tax money go to poor or regular working class people who need it and not to more millionaires and billionaires. You are a crook too!
I kind of doubt this because messaging has been all over the place. I'll wait to find out, thanks.
Gonna need $1200 every month now
That's the polls working their magic
There are not 20 millions jobs opening! “disincentive for unemployed Americans to find work” senatemajldr SpeakerPelosi realDonaldTrump unemployment COVID Take care of the America people
CNBC, that’s not a photo of Larry Kudlow
Dollar collapsing so let’s just print money until the ink runs out - Media and libs can’t take care of themselves so they pathetically rely on the government.
The fed and Washington destroy capitalism and create a wealth gap, then write checks like loaves of bread at the coliseum. Now the barabrians are at the gate. And the young think socialism is the answer.
Ummmm. That's not Larry Kudlow. 😂😂
Where is my FUCKING check I didn't get one.
larry_kudlow you gonna screw over the 2019 college grads that got jobs, then lost them in 2020, they have bills also. last time I checked coronavirus was a 2020 thing, not a 2019. Dont make them not eligible like you did first relief, you cheated them!
realDonaldTrump's socialist 2.0. Bet those morons that scream this is socialism will have their hands extended as far as they will go for a handout.
This isn't Kudlow lol
This is all meaningless unless you get the virus under control. MAGAIDIOTS
That means companies are getting millions again.
More socialism courtesy of realDonaldTrump.
🚀🚀🚀🚀
Remember though, Kudlow never gets anything right
Cue “It wa just a joke. “
Not bad. Not super great. But not bad. Eviction moratorium extension vital. Half of America is about to be homeless.
Any one worried about the debt at all?
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