WH official disowns second stimulus plan

A White House budget official threw cold water on suggestions that the Obama administration is looking at another stimulus to boost the economy.

Rob Nabors, the deputy director of the White House Office of Management and Budget, said that the focus is on getting out the $787 billion recovery package passed in February.

“No one in this administration is talking about a second stimulus,” Nabors said Wednesday during a House Oversight and Governmental Reform Committee hearing on the first stimulus.

His remarks came after suggestions by Republicans that the president and his advisers are considering another large spending measure.

Rep. Darrell Issa (Calif.), the top Republican on the committee, reminded Nabors that Laura Tyson, an economic advisor to the president, said Tuesday that another stimulus might be necessary because of the continued economic struggles.

Nabors, however, said that Tyson, a member of Obama’s Economic Recovery Advisory Board, is an “outside economic adviser.”

“She does not work for the administration,” Nabors said.

Tags

Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Regular the hill posts

Main Area Top ↴
Main Area Bottom ↴

Most Popular

Load more