CBPP today released a statement from Robert Greenstein on the announcement of a bipartisan deal on a new coronavirus relief package:
“While providing needed support to small businesses and hospitals, the new COVID-19 package announced today falls short even as an interim measure, failing to deliver crucial state and local fiscal relief and food assistance.
The White House’s refusal to provide more relief to states – whose revenues are plummeting due to the virus’ effect on economic activity – will almost certainly lead many states to cut education and other critical services, including even health care, and to lay off teachers and other workers.
Similarly, disappointing is the White House’s and Congressional Republicans’ refusal to include an increase in the maximum SNAP (food stamp) benefit, as was done in the last recession.
Given the significant gaps in the legislation, it’s critical for policymakers to begin work right away on a new round of policies that will more adequately meet the nation’s needs.”
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