Next Relief Bill Must Deal with Coronavirus

Mick Mulvaney: “If lawmakers still see the need to run the presses, they need to realize that the current economic crisis is public-health driven. As such, using ordinary fiscal tools might not be particularly efficacious. Put another way, the fact that people aren’t going on vacation probably has more to do with fear of getting sick than it does with their economic condition. Giving people a check, or some financial incentive to travel, won’t solve their problem. Make people feel safe to go back on an airplane or cruise ship, and they will of their own accord.”

“Any stimulus should be directed at the root cause of our recession: dealing with Covid. I know it isn’t popular to talk about in some Republican circles, but we still have a testing problem in this country.”