Kudlow: 'Informal' talks underway on next round of coronavirus stimulus

White House economic adviser Larry KudlowLarry KudlowMORE said Sunday that “informal” talks are underway on the next round of coronavirus relief but administration officials and lawmakers first want to see what effects the previous stimulus funding bills have.

Kudlow told ABC’s “This Week” the reports that no conversations between the White House and Democrats are occurring are “simply not true,” even though “formal negotiations” aren’t yet taking place.

“So it’s not that we’re not talking,” he said. “We are. It’s just informal at this stage.” 

Kudlow said he and fellow White House adviser Kevin Hassett held a conference call last week with 50 House Democrats and Republicans to discuss ideas for next steps and will do the same Monday with senators from both parties.

But the economic adviser told ABC’s George StephanopoulosGeorge Robert StephanopoulosAll fracked up: Biden's Keystone State breakdown The Hill's Morning Report - Sponsored by Goldman Sachs - Tipping point week for Trump, Biden, Congress, voters Pelosi: White House made 'unacceptable changes' to testing language during negotiations on coronavirus stimulus MORE that he thinks many want to see what the impact the previous stimulus packages has on the economy in “at least the next couple of weeks.”


“I think many people would like to just pause for a moment and take a look at the economic impact of this massive assistance program which is the greatest in the United States history,” he said. 

Kudlow had hinted Friday that talks on the next stimulus package would wait until early June, saying they want to “have a look at what the latest round produces,” which would require “a month or so to valuate that.” 

Speaker Nancy PelosiNancy PelosiOn The Money: Businesses, wealthy brace for Biden tax hikes | Dow falls more than 650 points as COVID-19 cases rise, stimulus hopes fade | Kudlow doesn't expect Trump to release detailed economic plan before election Overnight Health Care: US sets a new record for average daily coronavirus cases | Meadows on pandemic response: 'We're not going to control it' | Pelosi blasts Trump for not agreeing to testing strategy Gaffes put spotlight on Meadows at tough time for Trump MORE (D) and other Democrats have requested another funding bill that would provide most Americans $2,000 relief checks monthly, but Republicans are hesitant to continue doling out money without seeing the economic effects of the packages.

Some GOP lawmakers have also expressed concerns that providing money to state and local governments would help bail out governments that they claim were poorly financially run before the coronavirus.