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White House Considers a New Goal to Reopen US

The next several weeks could see businesses reboot on a 'rolling basis'
By John Johnson,  Newser Staff
Posted Apr 9, 2020 11:18 AM CDT
Updated Apr 9, 2020 3:50 PM CDT

(Newser) – When will the US get back to business? The simple question has a nuanced answer, but the White House appears to be aiming for at least a partial easing of the shutdown in a span that can be measured in weeks. "The next month or two, we should be able to restart, at least on a rolling basis," is how White House economic adviser Larry Kudlow put it on Fox Business Thursday afternoon, per CNN. Coverage:

  • New target? A report at Axios says "there's a lot of internal energy" in the White House toward the date of May 1. For one thing, that marks the end of the current "30 Days to Slow the Spread" federal advisory. The story, though, quotes White House officials as saying the decision will be driven by data, not arbitrary deadlines. Generally, though, political and economic aides are aiming for a quicker reopening than public health officials.
  • Or this: Treasury chief Steven Mnuchin said Thursday on CNBC that he thought businesses could get rolling again by the end of May, "as soon as the president feels comfortable with the medical issues," reports the Wall Street Journal. Record jobless claims and disastrous economic forecasts were behind the impetus. "We need to have a plan nationally for reopening the economy," said Fed chief Jerome Powell on Thursday. "Most people expect that to happen in the second half of this year, after the second quarter, which of course ends on June 30.” He did not get more specific.

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