Toomey: Economy is 'roaring back,' another stimulus package would be 'inappropriate'

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Sen. Pat ToomeyPatrick (Pat) Joseph ToomeyGovernment used Patriot Act to gather website visitor logs in 2019 Appeals court rules NSA’s bulk phone data collection illegal Dunford withdraws from consideration to chair coronavirus oversight panel MORE (R-Pa.) touted the strength of the U.S. economy on Sunday and said that a new stimulus package would be “inappropriate,” given that Congress passed a bipartisan aid package in December.

Speaking with host Jake TapperJacob (Jake) Paul TapperWithout Trump, late-night ‘comedy’ becomes even more insufferable CNN’s Gupta ‘stunned’ Cuomo said he doesn’t trust health experts Officials brace for second Trump impeachment trial MORE on CNN’s “State of the Union,” the retiring GOP senator explained that he believed even the $600 billion counter-offer presented by Republicans to the White House a week ago was too expensive.

“The economy has come roaring back. Disposable income is at record high levels,” Toomey said. “It’s not an economy in collapse, like it was in March.”

Asked about the 10 Senate Republicans who met with President Biden at the White House to discuss their own plan to pass more COVID-19 relief, including an extension to unemployment insurance, Toomey said he “disagree[s] with them” over whether Congress should act to pass more funding.

“I don’t support that, I think it’s completely inappropriate,” Toomey said of the $600 billion GOP plan.

President Biden reportedly told GOP senators following their meeting last week that their framework for a COVID-19 relief bill was too small, and Democrats have indicated that they plan to move forward and pass Biden’s $1.9 trillion COVID-19 relief package without GOP votes through the budget reconciliation process.

In January, Toomey claimed that Biden’s stimulus plan would “likely slow down a recovery in employment,” a warning that was rejected on Sunday by Biden’s Treasury secretary, Janet YellenJanet Louise YellenSunday shows preview: Budget resolution clears path for .9 trillion stimulus; Senate gears up for impeachment trial More than 200 Obama officials sign letter supporting Biden’s stimulus plan Biden economic adviser calls Summers ‘flat-out wrong’ with inflation remarks MORE.

“We need a big package, and we need to get this done quickly,” Yellen said on CNN, adding: “I would expect if this package is passed, that we would get back to full employment next year.”