Appearing on“Cavuto LIVE”with host Neil Cavuto, Grassley said that the urgency of the emergency relief for Americanworkersandbusinessesacross the country far outweighed Pelosi and Schumer’s politically-charged provisions.
“Schumer and Pelosi don’t have a leg to stand on because it’s very clear that the demand for the small business money is going to run out on the 17th of April, andCongressdidn’t think big enough when we appropriated that money to get people back to work or to keep them off the unemployment rolls,” he explained. “And, everything else that it seems like Pelosi and Schumer want are things that we still got money in the pot [for] and that we ought to wait and see how this thing plays out before [appropriating] any money.”
“And, for sure, anything that’s not related to thevirusand the immediatepandemicandpublic health issuesand the unemployment with theeconomyshould not be thrown in,” Grassley continued. “Like, for instance, federalizingelection laws. What does that have to do with the panic?”
“Democrats are blocking a 251 Billion Dollar funding boost for Small Businesses which will help them keep their employees,” Trump tweeted Friday morning. “It should be for only that reason, with no additions. We should have a big Infrastructure Phase Four with Payroll Tax Cuts & more. Big Economic Bounceback!”
That aside, lawmakers and the president continue to weigh another much larger package in which the president also wants to includeinfrastructurespending.
“Well, first of all, everyRepublicanincluding the President of the United States has stated very clearly to people like Schumer and Pelosi that there’s probably going to have to be a ‘Phase 4’ and that we’ll consider all of these issues at that time,” Grassley added. “But, what they want to do is not as immediately as critical as getting more money for small business and getting people back to work in small business.”
Grassley told Cavuto that there would “clearly” be follow-up spending, but it wouldn’t necessarily be part of an immediate package.
“Even those of us that negotiated the CARES Act…we went into it with our eyes open. That looking back three weeks, ahead three months, that we would not know for sure if this economy [was] going to turn around. And, if it didn’t turn around, then we understood — both Republicans and Democrats — we’d have to revisit it,” he remarked.
Grassley theorized that if conditions were to improve, President Trump’s “infrastructure program” would be “something that’s legitimate to talk about not directly related to the economy the way it is right now.”
“But, those things shouldn’t be mixed up with times when you’re in a crisis like we are in right now,” he concluded.