House Speaker Nancy Pelosi has "no intention of compromising on key issues" involved in coronavirus stimulus relief, White House economic adviser Larry Kudlow said Thursday after claiming a letter from her to Treasury Secretary Steven Mnuchin ended up being sent to a media site first.
"She is going to hold up key assistance like the PPP small business assistance and unemployment assistance," Kudlow told Fox News' "America's Newsroom." "She is stringing us along and basically we think there is virtually no hope for these tests."
Pelosi's letter, as reported in Politico, said the administration owed her answers about several contentious issues, including testing, funding, schools, child care, earned income and child tax credits, and more.
"Not like he needs a letter," said Kudlow. "They've been talking every day for three months. Somehow I guess it's a mystery that letter got to Politico before it got to the secretary ... we have doubted her seriousness in the recent weeks and continued to negotiate in good faith. The letter that got to the public before it got to the secretary is wrong, bad form."
He added that he doesn't think the nation's economic recovery depends on another assistance package, but he does think that targeted spending "could have helped a lot, and it is not going to happen."
A Democrat aide reported to The Hill that the letter had been sent to Mnuchin's staff at 12:05 a.m., several hours before Politico published it.
Pelosi warned in her letter that unless there was quick action, Americans' economic pain would grow, and showed that both sides remain far apart.
"The President’s words that ‘after the election, we will get the best stimulus package you have ever seen’ only have meaning if he can get (Senate Majority Leader) Mitch McConnell to take his hand off the pause button and get the Senate Republican chairmen moving toward agreement with their House counterparts," she wrote.
Sandy Fitzgerald ✉
Sandy Fitzgerald has more than three decades in journalism and serves as a general assignment writer for Newsmax covering news, media, and politics.
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