O’Halleran Response to President Leaving Negotiating Table on COVID-19 Relief
VILLAGE OF OAK CREEK – Today, following President Trump’s announcement that he would be ending negotiations with House leadership on a new COVID-19 relief and economic stimulus bill until after Election Day, Congressman Tom O’Halleran (AZ-01) released the following statement:
“President Trump’s refusal to come to the negotiating table on a new COVID-19 relief package is a conscious choice to ignore the severity of the crisis our country is facing. Inaction leaves hundreds of thousands of Americans who are sick, unemployed, food insecure, and struggling in every disparate way completely adrift in this global public health crisis. Our schools need resources to serve students safely, our businesses need investments, our tribal communities need improved infrastructure, and our health care system needs the funding to establish national testing, tracing, and treatment operations. There is no time left to prepare for resurges of this virus before the fall; it is fall. I am urging the president to reverse this decision, restart negotiations, and work with us to provide hardworking American families with the relief they need.”
Last week, O’Halleran voted to pass a new, updated Heroes Act to provide much-needed COVID-19 relief, and joined his colleagues in the Blue Dog Coalition on a letter urging Speaker Pelosi to continue negotiations with the Senate and White House until a deal is reached.
Today, Federal Reserve Chair Jerome H. Powell warned of ongoing risks to the economy and the consequences of insufficient support from policymakers.
“Too little support would lead to a weak recovery, creating unnecessary hardship for households and businesses,” Powell said. “Over time, household insolvencies and business bankruptcies would rise, harming the productive capacity of the economy and holding back wage growth. By contrast, the risks of overdoing it seem, for now, to be smaller. Even if policy actions ultimately prove to be greater than needed, they will not go to waste.”