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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McConnell: ‘I’m Prepared To Support’ A Coronavirus Stimulus Bill That Includes $600 Unemployment ChecksWhile 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.
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Democrats report coronavirus relief progress as McConnell says he is prepared to support a dealNegotiators said they made progress but remain far from a coronavirus stimulus deal, which Mitch McConnell said he is prepared to support.
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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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Coronavirus Today: 'Inefficient on so many levels'Our special-edition newsletter breaks down the latest coronavirus news, including the red tape and tech woes that workers at California's unemployment agency say are contributing to massive delays.
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