State and local governments are seeking federal funding because of financial strains from the coronavirus pandemic, but there is not an "endless pot of money" for them, House Minority Whip Steve Scalise said Wednesday.
"You can't just keep printing money and expect that to solve all the problems," Scalise told Fox Business' Maria Bartiromo.
Many of the governments' budget problems were there before the pandemic hit this year, and Scalise said they need to be confronting the challenges they have already been facing.
"People know we've got to learn how to come back out of this smarter and safer and reopen our economy as soon as we can," Scalise said.
Meanwhile, "people want to go back to work again, in a safer way," he said. "You are seeing more and more people that recognize, even when it's among us, when this disease is still out there, they want to start getting out doing more things than just going to a grocery store. We've proven how you can do that safely. Why don't we look at doing that in more and more areas of our economy while we're battling the disease at the same time?"
The Paycheck Protection Program is working "incredibly well," he added, but it won't last forever.
"Even if businesses get that, it still means they have other problems because they have no cash flow," said Scalise.
Sandy Fitzgerald ✉
Sandy Fitzgerald has more than three decades in journalism and serves as a general assignment writer for Newsmax covering news, media, and politics.
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