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Mitch McConnell hints he could block the next stimulus package (VOX)

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Mitch McConnell hints he could block the next stimulus package – By Li Zhouli (VOX) / April 22 2020

He’s increasingly voicing concerns about how more spending could add to the national debt.

This week Senate Majority Leader Mitch McConnell suggested he might be ready to pump the breaks on any future coronavirus relief packages.

“We haven’t had much discussion about adding $2.7 trillion to the national debt, and the way that could indeed also threaten the future of the country,” McConnell recently said on The Hugh Hewitt Show.

Leaders of both parties have acknowledged that more aid is needed to address the overwhelming economic fallout that’s occurred during the pandemic, but McConnell appears increasingly reluctant to approve additional stimulus at the current scale.

With the likely passage of a $480 billion bill aimed at providing more funding for small businesses this week, the combined coronavirus relief will include over $2.7 trillion going toward workers, businesses, and states. These bills far surpass the roughly $1.5 trillion lawmakers approved across different bills in the wake of the 2008 financial crisis.

Continue to article: https://www.vox.com/2020/4/22/21231122/mitch-mcconnell-stimulus

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