$600 federal unemployment benefit will expire on Friday without a deal - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

'We're nowhere close to a deal': $600 federal unemployment benefit likely to expire on Friday, impacting millions of Americans

New Yorkers in need wait in a long line to receive free produce, dry goods, and meat at a Food Bank For New York City distribution event at Lincoln Center on July 29, 2020 in New York City.The $600 weekly federal unemployment benefit will expire on Friday without an agreement between Congress and the Trump administration.

"We're nowhere close to a deal," Mark Meadows, White House chief of staff, told reporters on Wednesday, The New York Times reported. Republicans want to reduce the pandemic-related benefit to $200 a week, but Democrats want the full amount extended through January 2021.Democrats and the Trump administration are "nowhere close to a deal" on extending the $600-a-week federal unemployment benefit, White House Chief of Staff Mark Meadows told reporters on Wednesday.

The $600 benefit was passed by Congress in March as part of the Coronavirus Aid, Relief, and Economic Security Act to help those impacted by the economic fallout from the coronavirus pandemic.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sad and disgusting. Vote Blue!

Just like the fiscal cliff a year or two ago. It's the exact same exercise. But, here, a new FBI building or military planes are not needed. Defence is very important but not during public health and economic crises. Those must be solved first.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Congress must extend $600 a week unemployment benefits, help communities of color - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. ArnabDatta321 IndivarD No deal in Congress will be made if they don’t extend it ArnabDatta321 IndivarD Why just color?!? Why not Americans?!? Divisive again by media. ArnabDatta321 IndivarD Find another way to help the unemployed. They may have backed up bills.
Source: BusinessInsider - 🏆 729. / 51 Read more »