CNN’s Dana Bash
Dana BashWhite House not optimistic about long-term stimulus deal Clyburn rips GOP proposal to give companies tax return, scaled-down unemployment in stimulus package Birx says COVID-19 outbreak is not under control because ‘people are on the move’ MORE sparred with White House economic adviser Larry Kudlow
Larry KudlowMORE on Sunday about the temporary unemployment plan included in President Trump
Donald John TrumpDeWine tests negative for coronavirus a second time Several GOP lawmakers raise concerns over Trump executive orders in Beirut after testing test for US aid to frustrated ally MAYThe executive coronavirus orders, saying, “We need a little bit of a reality check here.”
Bash asked Kudlow on CNN’s State of the Union ‘about the Trump order allocating $ 400 a week to temporary unemployment benefits, $ 100 of which the state receives.
Kudlow predicted that individuals, on average, would receive $ 800 each week from federal and state-funded unemployment benefits.
“But the executive action says $ 400 and the state would pay 25 percent of that,” Bash replied. “You’re talking about some other money I do not know.”
“We will be ready to use it again if states insert a little more,” the economic adviser replied.
.@DanaBashCNN WH economic adviser Larry Kudlow is pushing for the latest executive order from President Trump, who is in favor of federal unemployment benefits, saying state money should pay 25% of $ 400 unemployment if federal supplementary benefits do not go into effect. https://t.co/1lMvW5sSVX #CNNSOTU pic.twitter.com/X489W0j16r
– State of the Union (@CNNSotu) August 9, 2020
Bash went on to say, “We need a little bit of a reality check here. Do you agree that the only way this can happen is if the states actually ask for it and create a whole new system?
The CNN host also told Kudlow about how the administration knows states have the money to provide $ 100 a week to each unemployed person.
“I think they can make room,” he said. “Our estimates from the Treasury Department in terms of the CARES Act … is that states do not have all the money that has been allocated to them.”
“Based on our estimates, the states will be able to provide the extra $ 100 and that will increase the overall benefit gross to something averaging about $ 800,” he added.
Kudlow also said the White House will “probably today and tomorrow” find out which states and territories can pay the bill.
“Right now we know the money – probably a good $ 80 [billion] up to $ 100 billion – was not spent, so we think that is distributed across the 50 states should hardly be, “he added. “We will find out the exact specifications today and tomorrow.”
– This report was updated at 11:12
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