A top Trump economic adviser says the next wave of stimulus checks should go to 'people who lost their jobs and are most in need'

Larry Kudlow, a top Trump economic adviser, said the administration was weighing another round of stimulus checks, though he believed it should be targeted to out-of-work Americans.

FILE PHOTO: U.S. Director of the Economic Council Larry Kudlow speaks during the Wall Street Journal CEO Council, in Washington, U.S., December 10, 2019. REUTERS/Al Drago
  • "Probably, we would want to target those to those folks who lost their jobs and are most in need. All right, that's the speculation on my part, but I think.. that's where it's going," Kudlow said in a Fox Business interview.
  • The comments suggest the top economic adviser favors tightening eligibility for another wave of stimulus checks.
  • Visit Business Insider's homepage for more stories .

Larry Kudlow, director of the White House National Economic Council, said on Tuesday that the Trump administration was considering pushing for another wave of stimulus checks in an economic relief package slated to be debated in Congress next month.

But, this time, Kudlow opened the door that they would be more targeted towards out-of-work Americans and others suffering significant hardships.

"I think the tax rebates or the direct mail checks are on the table ... There are a lot of discussions going on," Kudlow said in a Fox Business interview . "Probably, we would want to target those to those folks who lost their jobs and are most in need. All right, that's the speculation on my part, but I think ... that's where it's going."

The comments from Kudlow come as President Donald Trump has reportedly expressed support in private for another round of stimulus checks, The Washington Post reported. Trump told aides the measure would both bolster his odds of winning re-election and strengthen the economy.

Kudlow, however, doesn't favor sending more government cash to Americans en masse. Instead, he appears to support tightening eligibility for who would qualify for a second stimulus check. Depending on the selected thresholds, it could substantially shrink the amount of people who receive additional federal cash and raise concerns about how it's implemented.

In March, Congress and the Trump administration authorized $1,200 stimulus checks to be sent to individuals earning under $75,000 a year, plus an extra $500 for dependent children, under the Cares Act. Over 159 million Americans had received direct payments by the beginning of June, per the IRS .

Many Americans are remain out of work. The unemployment rate stands at 13.3%, the highest it's been since the Great Depression. It peaked at 14.7% in April before dropping slightly in May, and experts said it would remain near 10% for the rest of the year.

House Democrats included another wave of $1,200 direct payments in the hefty spending package the chamber passed last month, widening eligibility to unauthorized immigrants and increasing the payment size for dependents. But Senate Republicans opposed the bill and haven't proposed an alternative.

It's not immediately clear whether Republicans would back another round of checks. Sen. Mitt Romney who was among the first GOP lawmakers to call for stimulus checks when the economy cratered said he opposed more direct payments on Tuesday.

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