Senate Republicans unveil slimmed-down stimulus plan that leaves out direct payments - Business Insider

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Senate Republicans unveil a stimulus plan that implements $300 weekly federal unemployment benefits but leaves out direct payments

that would implement a $300 federal supplement to state unemployment benefits. But it leaves out a second round of $1,200 direct payments, which helped people make ends meet at the height of the lockdown earlier this year.Given its slim odds of passage, the legislation largely appears to be messaging intended to convey the GOP's biggest priorities for the next coronavirus relief package.

The plan also extends the deadline to September 2021 for states to use $150 billion in federal assistance granted under the Cares Act in March without increasing flexibility or attaching new funds. Many states already allocated their funds to prop up their public health response.MORGAN STANLEY: The government's recession response has the stock market heading for a massive upheaval. Here's your best strategy to capitalize on the shift.

President Donald Trump signed an executive order last month to provide $300 unemployment benefits through the end of the year. Most states are moving slowly to implement it.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

Basically Republicans are trying to find a way to deliver the promise to American people without actually having to write a check for it. And the bad news is Republicans love this kind of tomfoolery

Apparently Republicans are determined to lose the Senate and WH in Nov.

Utter nonsense

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