White House would likely support a new round of stimulus checks, sources say
The White House would likely support another round of stimulus checks, two senior administrative officials told CNBC on Thursday.
The White House did not provide further comment except to release a statement which said:
“As President Trump has said, we are going to ensure that we take care of all Americans so that we emerge from this challenge healthy, stronger, and with economic prosperity, which is why the White House is focused on pro-growth, middle class tax and regulatory relief.”
The House is set to vote on a $3 trillion stimulus bill on Friday to blunt the coronavirus pandemic’s devastating effects on the economy and health-care system.
New filings for unemployment claims on Thursday totaled just shy of 3 million for the most recent reporting period, a number that while still high declined for the sixth straight week, according to Labor Department figures Thursday.
The first round of stimulus checks …continued .
[Source: CNBC News]