Reed: Phase Four Of Stimulus Should Address Economic Impact

Photo: piqsels / pxfuel

WASHINGTON – People nationwide have expressed concern regarding the economic hardship that they’re facing as a result of the COVID-19 outbreak.

Congressman Tom Reed addressed those concerns during his weekly teleconference with reporters Tuesday afternoon. Reed says a “Phase 4” in the COVID-19 stimulus relief package will likely “come into focus” in the next few weeks.

“I recognize and I surely did advocate and we are going to continue to advocate that right now, given the massive layoffs, the massive economic crisis going off at the same time as the anxiety of the healthcare crisis, putting this type of burden on folks is something we should strive to alleviate in Phase 4 because it’s just a burden that’s not sustainable,” Reed said.

The Congressman adds that every single American is, in one way or the other, being affected by the global pandemic.

“The ripple effect of this is affecting everyone (economically),” Reed said. “It’s huge. And when the cash doesn’t go through the system, it puts so many of, not just individuals, but the entire system at risk from the bottom to the top and the top to the bottom. That’s where I’m looking at it if we’re going into Phase 4.”

WNYNewsNow will continue to cover the ongoing COVID-19 pandemic, putting facts over fear. 


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