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White House, Democrats Both Support Coronavirus Stimulus Checks, Kudlow Expects Republicans To Fall In Line

KEY POINTS

  • House Speaker Nancy Pelosi said stimulus talks appear to be at a standstill
  • Larry Kudlow says talks are not dead 
  • Kudlow insisted the U.S. is in a V-shaped recovery but certain sectors still need help

White House economic adviser Larry Kudlow says he expects Republicans to fall in line if the White House reaches agreement with Democrats on the next round of coronavirus stimulus relief.

Negotiations appeared at a standstill after President Donald Trump agreed to boost the size of the package to $1.8 trillion – a move rejected by Democrats who called it inadequate and Republicans who said it was too expensive.

Kudlow told CNN’s “State of the Union” he talked with Treasury Secretary Steven Mnuchin Saturday night and is convinced stimulus talks are not dead, noting Senate Republicans unanimously passed their own version of coronavirus relief – albeit a modest $500 billion measure – and “they

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