Treasury Secretary Steven Mnuchin pushed back on Speaker Nancy Pelosi’s claim that the Republican Party is to blame for the deadlock on coronavirus relief telling ABC’s “This Week” Co-anchor Martha Raddatz that that he and White House Chief of Staff Mark Meadows will be on the Hill “every day until we reach an agreement.”
“We have to balance,” he said in an interview following Pelosi’s on “This Week” Sunday. “There’s obviously a need to support workers, support the economy … on the other hand, we have to be careful about not piling on enormous amounts of debt.”
“We have to balance,” Treasury Sec. Mnuchin says amid partisan stalemate over COVID-19 relief.
“There’s obviously a need to support workers, support the economy … on the other hand, we have to be careful about not piling on enormous amounts of debt.” https://t.co/vWVcnElFem pic.twitter.com/iV9GAbpIYv
— ABC News Politics (@ABCPolitics) August 2, 2020
Federal pandemic unemployment benefits officially expired on Friday, but Congress and the Trump administration were no closer to a deal that would salvage any portion of a $600-per-week check that, as of last weekend, would affect some 30 million Americans.
A last-ditch effort was mounted by Senate Republicans Thursday evening, with Majority Leader Mitch McConnell pulling back members — many had already left for home for the weekend — to vote on a plan that would cut the weekly federal benefit to $200, or two-thirds of lost wages. Democrats unanimously opposed the measure.
Treasury Secretary Mnuchin tells @MarthaRaddatz “there’s no question” that $600 unemployment insurance is a disincentive to find a job in “some cases.”
— This Week (@ThisWeekABC) August 2, 2020
While many Americans have relied on the $600 unemployment insurance throughout the pandemic, Mnuchin reiterated on “This Week” that his belief is that there’s no question “that it is a disincentive to find a job in “some cases.”
“There are cases where people are overpaid,” Mnuchin said Sunday.
ABC News’ Trish Turner contributed to this report.
This is a developing news story. Please check back for updates.
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Mnuchin pushes back on Pelosi: We need ‘balance’ between debt, coronavirus relief originally appeared on abcnews.go.com