Nancy Pelosi says progress is being made on more US stimulus, and tells airlines 'don't fire people'
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.House Speaker Nancy Pelosi told CBS News on Sunday that lawmakers are "making progress" on more US stimulus, and said US airlinesPelosi told airline executives: "don't fire people.
You know that relief is on the way." The Democrat said airline workers face a tougher battle than employees in other industries because once they lose their job, it takes a long time for them to be recertified. Her comments came after President Trump tweeted about the economy from Walter Reed National Military Center on Sunday, pushing for the passage of a stimulus plan that has been stalled for months.House Speaker Nancy Pelosi said on Sunday progress is being made on the government's next coronavirus relief package, and told executives in the US airline industry to hold off on job cuts., adding that she hoped Republicans would "agree on what we need to do to crush the virus."to airline executives, telling them to hold off on job cuts, as an agreement for relief is imminent.She pointed out that when workers in the airline industry are fired, unlike other industries, it takes months, or years, for them to be recertified for security clearance.MORGAN STANLEY: Buy these 16 stocks to cheaply invest in next-generation technologies and reap the future profits they generate In her statement issued on October 2, Pelosi said Congress would either enact House Transportation committee chairman Peter DeFazio's stand-alone legislation that assists airlines, or secure relief in the form of a negotiated bill. She said both courses of action would extend the Payroll Support Program by another six months. The federal Payroll Support Program passed by Congress under the CARES Act in March expired on October 1.of employees as Congress failed to reach a deal last week on a COVID-19 relief bill. Pelosi's comments came after President Trump provided an update on his health from Walter Reed National Military Centre on Saturday. He also, calling for both chambers of Congress to pass a stimulus plan that has been stalled for months. "OUR GREAT USA WANTS & NEEDS STIMULUS," he said in the tweet. "WORK TOGETHER AND GET IT DONE. Thank you!"Do you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please emailfrom Business Insider Intelligence on how COVID-19 is affecting industries.A selection of our best stories daily based on your reading preferences. Sign up for Insider Select.By clicking ‘Sign up’, you agree to receive marketing emails from Business Insider as well as other partner offers and accept our
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