While it's a sign of compromise, progress is still slow as a scheduled August recess for the Senate at the end of the week looms over the negotiations.
he is “prepared to support” a coronavirus stimulus package that includes an extension of the $600 enhanced unemployment checks that has now officially expired, as the GOP struggles to come to a consensus over the benefit.Majority Whip Sen. John Thune listens after a weekly Senate Republican Policy Luncheon.
While Senate Republicans have proposed different cuts to the benefits, including a reduction to $200 a week before transitioning to a 70% wage replacement rate, President Trump onMcConnell on Tuesday said of the benefits, “If you’re looking for a total consensus among Republican senators, you're not going to find it. So we do have divisions about what to do.”
However, McConnell said he would support a bill that included the $600 weekly checks if the Democrats, negotiating with Treasury Secretary Steve Mnuchin and White House Chief of Staff Mark Meadows, agreed to it with the Trump Administration. “Wherever this thing settles between the President of the United States and his team that have to sign it into law and the Democrats, a not-insignificant minority in the Senate and majority in the House, is something I'm prepared to support, even if I have some problems with certain parts of it,” McConnell said.is still slow as a scheduled August recess for the Senate at the end of the week looms over the negotiations, making it increasingly unlikely a bill could be signed by then.
considering executive action to address two dire issues: supplemental enhanced unemployment benefits and an eviction moratorium for certain renters.That’s nearly how many Americans lost the $600 enhanced unemployment benefits after its expiration at the end of July, according to the
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Another $1,200 stimulus check won't make up for loss of the $600 enhanced unemployment insuranceStimulus checks, while good in the short-term, do nothing to assuage the long-term financial effects of the ongoing economic crisis. Households need ongoing aid.
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McConnell says will support any coronavirus aid deal worked out by White House and DemocratsU.S. Senate majority leader Mitch McConnell said on Tuesday he would support any coronavirus aid deal worked out between the Trump administration and Democrats in Congress, adding no agreement this close to November elections would win unanimous support. "Wherever this thing settles between the
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