The Trump administration and Republican negotiators
are not planning
to hold formal talks on a fourth COVID-19 stimulus package until after
Congress returns from recess in late July, CNBC reports, citing senior
administration officials and senior GOP aides.
The two houses are scheduled to return to D.C. on
July 21, some 10 days before some of the programs in the CARES Act, such
as enhanced unemployment insurance, are set to end.
GOP lawmakers and the administrators now have some
positive data on unemployment and data showing that a good chunk of
previous stimulus funds remain unspent.
“We want to be careful at this point, seeing how
much money is in the economy,” Mnuchin testified to the Senate committee
on Small Business on Wednesday. “A lot of the money is still not in
it.”
The administration estimates that more than half
of funds from the last three stimulus programs remains “unobligated,” or
not yet spent.
President Trump has said there will be another round of stimulus.
https://seekingalpha.com/news/3582297-white-house-gop-push-relief-talks-to-late-july-cnbc
