Daily Tax Report: State

Kudlow: Economic Rebound Is on Track But Watching Covid Closely

June 29, 2020, 8:28 PM

White House economic adviser Larry Kudlow tells CNBC he’s not currently worried that Covid-19 spikes in parts of the U.S. will derail the economy, but the administration is “scouring the numbers as best we can.”

  • States pausing reopening plans are doing the right thing, he says
  • On possibly extending the $600/week in extra unemployment benefits beyond July, Kudlow says “we are looking at a lot of options”
  • “Our main goal, hopefully, is to get people to get re-employed. Re-employment is absolutely essential and we want to give them perhaps a boost, a benefit for reemployment,” Kudlow says, adding that President...

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