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Kudlow says federal government will extend moratorium on evictions

Kudlow says federal government will extend moratorium on evictions
© Aaron Schwartz

White House economic adviser Larry KudlowLarry KudlowMORE said Sunday the federal government will extend a moratorium on evictions as part of the next round of coronavirus relief that will also include another round or $1,200 stimulus checks. 

“Don't forget, there's a $1,200 check coming. That is going to be part of the new package. I would have preferred a payroll tax cut, on top of that check. But, be that as it may, politically, it doesn't work,” Kudlow said on CNN’s “State of the Union,” adding that it is a “very well-rounded package.” 

“People need that money as soon as possible. People are worried about being evicted,” Tapper said. 

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Kudlow responded that the federal government will “lengthen the eviction,” referring to the eviction moratorium that expired last week. 

Kudlow also defended ending the additional $600 in unemployment benefits, voicing support for a plan to cap benefits at about 70 percent of wages.

He argued that the $600 additional benefits is hurting small businesses from hiring back workers. 

"We have had a flood of inquiries and phone calls and complaints that small stores and businesses, restaurants can't hire people back. They went too far. Maybe last March, it was necessary for that. But, really, the consequences of people not returning to work,” Kudlow said. 

He also doubled down on his claim that the U.S. economy is recovering and predicted joblessness will fall, despite rising coronavirus cases across much of the U.S.