National Economic Council Director Larry Kudlow said Friday that the White House is considering small “timely and targeted micro forms of assistance” for Americans impacted by the novel coronavirus.
“The news I was trying to put out this morning is we’re not looking at these massive, federal, throw money at people plans. We are looking at timely and targeted (efforts) where we can do the most good,” Kudlow said.
Kudlow did not offer many more details, saying he’d give “more details later.”
Kudlow also said the administration has been looking into “operations that would provide immediate cash assistance” through a variety of federal agencies.
Talking about the dip in the market due to the coronavirus, Kudlow said the administration was considering those “micro forms of assistance” because “we think we will get out of this, within months.”
Asked for his message to Americans who may have to miss multiple paychecks due to illness or quarantine, Kudlow plainly said, “We will help them.”
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