Kudlow: Administration is on ‘pause’ before deciding on additional virus relief

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  • 4th May 2020
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“We have to execute the last package. And the numbers are very strong. These are the small-business loans,” Kudlow said.

“One hundred seventy-five million Americans have received federal assistance in one form or another. That includes the direct checks, of course, and the unemployment compensation and the small business assistance,” he continued.

Now, he said, administration will “see what the results are,” citing “generous relief packages.”

Kudlow agreed there’s a “real need,” in response to a question related to the Small Business Administration’s Paycheck Protection Program, but didn’t say if more money would be pumped into the program.

“We haven’t made a decision. … I don’t want to rule it out,” he said.