<p>Treasury Secretary Steve Mnuchin appeared on the Sunday morning talk shows to explain the White House&#8217;s decision to press Republican legislators to lower the amount of Federal unemployment assistance outlined in a fourth coronavirus relief package, set to be released this week.</p>
<p>In an interview with Fox News Sunday, Mnuchin &#8220;took a hard line&#8221; against continuing the $600-per-week federal unemployment benefit, <a href="https://thehill.com/homenews/coronavirus-report/509062-mnuchin-it-wouldnt-be-fair-to-use-taxpayer-dollars-to-pay-more">per The Hill</a>, suggesting that the administration wants Americans to get back to work, even if that means seeking out employment because they can&#8217;t return to their former jobs.</p>
<p>“It just wouldn’t be fair to use taxpayer dollars to pay more people to sit home than they would working and get a job,&#8221; Mnuchin told host Chris Wallace.</p>
<p>&#8220;I think workers and Americans understand the concept that you shouldn&#8217;t be paid more to stay home than to work,&#8221; he added.</p>
<p>Instead, Mnuchin said, the Trump White House is pressing for a second round of $1200 stimulus payments to individual Americans &#8212; a plan, Mnuchin said, would get money into pockets faster than an unemployment hike or a payroll tax, which the White House pressed for initially but has now abandoned &#8212; and has asked Congress to add 2 million additional recipients who were excluded from the last round of handouts to the list of individuals receiving payments.</p>
<p>“The direct payments are a much quicker way of effectively giving everyone a tax cut — much quicker than the payroll tax cut,” he said. “June retail sales were 1 percent higher than June of last year, so all that money we pumped into the economy, it worked. People went out and spent.”</p>
<p>The payroll tax, Mnuchin added, was unlikely to pass the House, where Speaker Nancy Pelosi (D-CA) had expressed hardline opposition to the measure.</p>
<p>Senate Republicans are optimistic that the latest round of coronavirus relief will pass early this week, even though, at meetings last week &#8212; including a private lunch with only GOP leadership &#8212; certain key Republican legislators expressed concerns about a $1 trillion relief package passing so soon after the $4 trillion CARES Act. Many, including Sen. Ted Cruz (R-TX), encouraged Senate leadership to wait on the bill until there is more evidence that the American economy can withstand another major federal spending package.</p>
<p>Mnuchin, though, seemed unfazed by Republican opposition, telling Wallace that even this $1 trillion package might not be the final round of coronavirus relief spending.</p>
<p>&#8220;This will be the fifth set of legislation, so there&#8217;s no reason why we can&#8217;t have number five, six, and seven as we need to deal with issues, and obviously anything we do, we need bipartisan support,&#8221; Mnuchin said.</p>
<p>Senate Majority Leader Mitch McConnell (R-KY) does want to move quickly on the measure, regardless of outstanding votes, as some key elements of the CARES Act are set to expire at the end of July. <a href="https://www.foxnews.com/politics/mnuchin-coronavirus-second-stimulus-bill">Fox News reports</a> that the &#8220;Paycheck Protection Program that provides small businesses with forgivable loans, is set to end in early August, and the enhanced unemployment insurance benefits will expire on July 31. A federal eviction ban already ended on July 25.&#8221;</p>

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Mnuchin Explains Decision To Scale Back Federal Unemployment: We’re Not Going To Use Taxpayer Money To Pay People To Stay Home