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Unemployment benefits should match local needs: Rep. McHenry

House Financial Services Committee ranking member Rep. Patrick McHenry, R-NC, believes the next coronavirus stimulus package needs to include pro-growth tax policy and regulatory policy to lift the economy and encourage people to go back to work. He also believes unemployment benefits need to be based on a state or locality's specific needs and the Federal Reserve should only use its toolbox in the most 'egregious circumstances' to save the economy.