WASHINGTON (REUTERS) - White House economic adviser Larry Kudlow said on Monday (June 22) there is no second wave of the coronavirus pandemic, even though there are some flare-ups in states such as Florida, and it is unlikely there will be widespread shutdowns across the country.. Read more at straitstimes.com.
WASHINGTON - White House economic adviser Larry Kudlow said on Monday there is no second wave of the coronavirus pandemic, even though there are some flare-ups in states such as Florida, and it is unlikely there will be widespread shutdowns across the country.
"There are some hotspots. We're on it," Kudlow said in an interview with CNBC."We know how to deal with this stuff now.Cities and states across the country this spring issued restrictive work-from-home and social distancing orders to try to slow the spread of the respiratory infection, keeping shoppers out of stores and driving up lay-offs.
While the US Congress has already passed three massive spending bills to support the economy and fight the novel coronavirus, it is working on another deal with the White House, which Kudlow said could be reached later this summer. The size of the new package, commonly called"Phase Four", has not been determined and it may include state and local aid, Kudlow said.Related Stories:
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