White House economic adviser Larry Kudlow said on Thursday that another pandemic relief package from Congress is not necessary.
Asked during a virtual event for the Republican National Convention on Thursday if the economy is strong enough to go without more fiscal stimulus from the federal government, Kudlow said, “I think we are.”
Meanwhile, others in the Trump administration, including Treasury Secretary Steven Mnuchin and White House chief of staff Mark Meadows, are still trying to negotiate a deal with Democrats to provide greater relief.
House Speaker Nancy Pelosi and Meadows are expected to talk later on Thursday regarding a fiscal package. The two have not spoken in weeks since the negotiations first came to a standstill over unemployment benefits and aid for state and local governments.
Republicans in July unveiled a $1 trillion proposal, and White House negotiators said they’d be willing to spend more, but not $2 trillion, which Democrats have declared as the halfway point for negotiations.
