Toomey: The economy is ‘roaring back’, another stimulus package would be ‘inappropriate’

Sen. Pat ToomeyPatrick (Pat) Joseph ToomeyThe government used the Patriot Act to collect records of website visitors in 2019 The appeals court ruled that mass collection of telephone data from the NSA is illegal. Dunford withdraws from consideration to chair the coronavirus supervisory panel MORE (R-Pa.) He praised the strength of the US economy on Sunday and said that a new stimulus package would be “inappropriate”, as Congress approved a bipartisan aid package in December.

Talking to the host Jake TapperJacob (Jake) Paul TapperWithout Trump, late-night ‘comedy’ becomes even more unbearable CNN’s ‘stunned’ Gupta Cuomo said he doesn’t trust health experts. Officials prepare for Trump’s second impeachment trial MORE in CNN’s “State of the Union”, the retired Republican senator explained that he believed that even the $ 600 billion counter offer offered by Republicans to the White House a week ago was too expensive.

“The economy has returned strongly. The disposable income is at record levels,” said Toomey. “It is not a collapsing economy, as it was in March.”

Asked about the 10 Senate Republicans who met with President Biden at the White House to discuss his own plan to approve further relief from COVID-19, including an extension of unemployment insurance, Toomey said he “disagrees[s] with them “on whether Congress should act to approve more funding.

“I don’t support that, I think it’s completely inappropriate,” said Toomey of the GOP’s $ 600 billion plan.

President Biden told Republican Party senators after his meeting last week that his structure for a COVID-19 relief bill was very small, and Democrats indicated that they plan to move forward and approve the COVID-19 relief package. of $ 1.9 trillion Biden without votes from the Republican Party budget reconciliation process.

In January, Toomey said that Biden’s stimulus plan “would likely slow the recovery of employment,” a warning that was rejected on Sunday by Biden’s Treasury Secretary, Janet YellenJanet Louise YellenSunday shows the preview: The resolution of the budget opens the way for the stimulus of 0.9 trillion; Senate prepares for impeachment trial More than 200 Obama officials sign letter supporting Biden’s stimulus plan. Biden’s economic adviser calls Summers “totally wrong” with comments on inflation MORE.

“We need a big package and we need to get it done quickly,” Yellen told CNN, adding, “I would hope that, if that package were approved, we would return to full employment next year.”

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