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Economics

Trump, GOP Leaders Bet on Reopening Over Stimulus for Recovery

  • Republicans standing firm against quick action on new stimulus
  • Election-year stalemate with Democrats shows no sign of easing
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Rep. McHenry Says Next Round of Stimulus Needs to Be More Focused
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President Donald Trump and Republican congressional leaders are counting on state lockdowns lifting to propel an economic rebound that will ease pressure for another round of stimulus.

“There is only one way out of this dilemma: America has to grow again, to open up again and I am pleased that is beginning to happen in my state and other states,” Majority Leader Mitch McConnell of Kentucky said at the Capitol after Trump had a lunch meeting with GOP senators.