Trump WON’T bail out states, but could help cover ‘unexpected’ costs of Covid-19 lockdown – adviser ...United Arab Emirates

US President Donald Trump is open to compensating hard-hit states for expenses incurred in their Covid-19 responses – but isn’t looking at complete bailouts, his economic adviser said, after Congress was asked to send aid. “Of course if we go to a phase-four deal, I think President Trump has signaled that, while he doesn’t want to bail out the states, he’s willing to help cover some of the unexpected Covid expenses that might have come their way,” White House economic adviser Kevin Hassett told CNN. In an interview with Fox News on Sunday, Treasury Secretary Steven Mnuchin said the federal government is not going to bail out states tha

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