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Expanded unemployment benefits for more than 25 million Americans will expire on Friday after negotiations between lawmakers on Capitol Hill failed.
Frenzied talks between the White House, Democrats and Republicans on a fourth wave of coronavirus stimulus have been unsuccessful as conservative lawmakers pushed for a large reduction to the $600 jobless payments supplement for people who have been left jobless by the pandemic.
The Senate adjourned on Thursday afternoon and won’t return until Monday — meaning those extra jobless payments will expire on Friday with no action.
Republicans argue the provision, passed in March at the peak of the crisis, has discouraged people from returning to work as when added to their local unemployment benefit, some workers are taking in more than they had been paid to work.
LINK: Rep. Louie Gohmert says he'll be taking hydroxychloroquine to treat the coronavirus |
But Democrats note that many people don’t have jobs to return to, with unemployment hovering around 11 percent in June.
President Trump was willing to extend the $600 bonus for another week as a bridge while horse-trading between the two sides continued, but the Senate adjourned as he addressed reporters at the White House on Thursday evening.Read the rest of the story HERE and follow links below to related stories and resources:
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