Another CCP virus relief package will be contingent on whether the U.S. economy experiences another increase in jobs next month, White House senior adviser Kevin Hassett said.
The “odds of there being a phase four deal are really close to 100 percent,” even after unemployment dropped significantly in May, said Hassett, the former chairman of the White House Council of Economic Advisers. The last stimulus package, the CARES Act, which was approved in March, included up to a $1,200 payment for those who are eligible, expanded unemployment insurance, and offered relief for small businesses.
