{"id":142756,"date":"2020-03-19T08:11:00","date_gmt":"2020-03-19T08:11:00","guid":{"rendered":"https:\/\/www.bnreport.com\/trump-pence-aide-dismiss-reports-of-possible-20-percent-unemployment\/"},"modified":"2020-03-19T08:11:00","modified_gmt":"2020-03-19T08:11:00","slug":"trump-pence-aide-dismiss-reports-of-possible-20-percent-unemployment","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/trump-pence-aide-dismiss-reports-of-possible-20-percent-unemployment\/","title":{"rendered":"Trump, Pence Aide Dismiss Reports of Possible 20 Percent Unemployment"},"content":{"rendered":"

President Donald Trump and a top aide to Vice President Mike Pence dismissed reports of unemployment in the United States possibly climbing as high as 20 percent amid the COVID-19 pandemic.<\/p>\n

Both men were responding to anonymously-sourced reports that claimed Treasury Secretary Steven Mnuchin told senators in a briefing on Tuesday that if a relief package wasnt passed, unemployment in the country could soar to 20 percent.<\/p>\n

\u201cI dont agree with that. Thats an absolutely total, worst case scenario,\u201d Trump told reporters at the White House in Washington on Wednesday. \u201cWere nowhere near it.\u201d<\/p>\n

Marc Short, chief of staff for Pence, also said Mnuchin was discussing a wide range of possibilities.<\/p>\n

\u201cNobody is right now that I know forecasting a 20 percent unemployment from the coronavirus,\u201d he said during an appearance on Fox Business earlier in the day. \u201cThe foundation of our economy remains incredibly strong. This is a short-term, we believe, challenge.\u201d<\/p>\n

\"man
\"man<\/figcaption><\/a> A passenger wears a medical disposable face mask in the Times Square subway station, New York, on March 11, 2020. (Chung I Ho\/The Epoch Times)<\/figure>\n

\u201cWere trying to make sure that the people who are impacted in the short term get the resources they need in a quick fashion and thats what Secretary Mnuchin and this president are looking to do,\u201d Short added.<\/p>\n

\u201cWe believe the economy will bounce back in a hurry once we get over the hump of this virus.\u201d<\/p>\n

The Trump administration postponed tax payments for 90 days for most Americans, is seeking a big st<\/a>Read More \u2013 Source<\/a>
\n[contf]
\n[contfnew]
\n <\/p>\n

The Epoch Times<\/a><\/h5>\n

[contfnewc]
\n[contfnewc]<\/p>\n","protected":false},"excerpt":{"rendered":"

President Donald Trump and a top aide to Vice President Mike Pence dismissed reports of unemployment..<\/p>\n","protected":false},"author":1,"featured_media":142757,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"class_list":["post-142756","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\nTrump, Pence Aide Dismiss Reports of Possible 20 Percent Unemployment - Business News Report<\/title>\n<meta name=\"description\" content=\"President Donald Trump and a top aide to Vice President Mike Pence dismissed reports of unemployment..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/trump-pence-aide-dismiss-reports-of-possible-20-percent-unemployment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump, Pence Aide Dismiss Reports of Possible 20 Percent Unemployment - 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