UPDATED 11:37 AM PT – Friday, August 14, 2020
House Minority Leader Kevin McCarthy said lawmakers need to push aside politics to negotiate a new stimulus package. During an interview Friday, he said time and time again House Speaker Nancy Pelosi and Democrats have held up progress on stimulus measures to include pet provisions.
McCarthy pointed out that $1 trillion in aid has already been appropriated and is ready for use. He said by continuing to delay the process, Pelosi is hurting the markets.
“Did the market drop hard and react when Nancy Pelosi said she would not provide more money that was so successful…that paycheck for the small businessman and woman who paid it to their employees to keep them working?” he asked. “No, she held it up for more than two-weeks.”
Republicans just tried to extend unemployment insurance for the millions of Americans who are out of work and counting on extra support each week.
Chuck and Nancy said no. And now Democrats are going home for the weekend… while they continue to collect a paycheck.
— Kevin McCarthy (@GOPLeader) July 31, 2020
McCarthy went on to say he believes markets would crash if Congress goes forward with Democrat’s $3 trillion aid package.