Biden adviser Deese pushes stimulus relief after GDP, jobless data
January 28, 2021
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White House National Economic Council Director Brian Deese urged Congress to “swiftly” pass President Biden’s stimulus relief package, citing the latest GDP data, which he said reflected “a significant slowing of our economic recovery.”
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In a statement Thursday, Deese said the fourth quarter presented “the second largest contraction in a calendar year on record.” “This is second only to the contraction in 2008,” he said. “As a result of economic conditions, more than a million Americans applied for unemployment benefits this week alone — worse than any week during the Great Recession.”
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Deese acknowledged that legislation “to date has provided an important bridge,” but said it was imperative that the government “do more for the economy and for American workers and families.”
“Congress should swiftly pass the President's American Rescue Plan. The Plan would allow us to get this pandemic under control, provide critical relief to American workers and families, and make smart investments to get our economy back on track,” Deese said.