Senate Majority Leader Mitch McConnell (R-Ky.) called the October jobs report, which showed the official unemployment rate dropping a full percentage point from September to 6.9%, a “stunning indication” of an economic rebound that signaled why a smaller Covid-19 relief package makes more sense than a larger one. McConnell added that the next bill should be “highly targeted towards things that are directly related to the coronavirus.” Translation: it should exclude some of the Democrats’ priorities. House Speaker Nancy Pelosi (D-Calif.), who has for months bargained unsuccessfully with the Trump administration in pursuit of an agreement on the next federal aid bill, fired back immediately when asked about McConnell’s support of a smaller, narrower bill. “No, it doesn’t appeal to me at all,” she said at her own Friday press briefing. “This isn’t anything that we should even be looking at. It wasn’t the right thing to do before.”…
FORBES News video.
____________________
new York USA ECO BUSINESS EcoTechN.com
______________
NEW YORK MIDTOWN TRIBUNE NEWS POLITICS
BUSINESS SOCIETY CRIME CULTURE USA