New comments from the White House about the stimulus package

News
Friday, October 23, 2020 - 16:20
Point Trader Group

White House Economic Adviser Larry Kudlow revealed his vision of the progress of the US stimulus talks, and his most important statements are as follows.

There have been no tangible developments in the course of the stimulus package negotiations during the current period.

Reaching agreement on the stimulus package is extremely difficult, especially since there are still many points of contention between Republicans and Democrats.

It is very difficult for the stimulus package to be approved before the date of the next presidential elections, as there are still differences on several points; Even if consensus is reached on these points, it is difficult to complete the legal drafting at this tight time.

This comes in the wake of statements by the Republican majority leader in the Senate, Senator McConnell, that there is not enough time to vote on the stimulus package before the presidential election.


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