The divide over jobless benefits will dominate the fight over a new coronavirus aid package
that he is “still in favor of unemployment insurance,” but he strongly criticized the additional $600 each week unemployed workers get under the CARES Act, which he said hampered certain industries’ abilities to bring back workers as the economy reopens.
The debate over the government’s role in supporting unemployed workers comes amid the worst economy since the Great Depression and as every state has begun a gradual reopening of its economy. Now even Republicans who were initially open to the boost in benefits are showing little interest in extending them.
members of both parties have introduced legislation recently to boost employment with “return to work” proposals. Sen. Mark Warner has a proposal supported by moderates and liberals in the Democratic caucus — as well as Schumer — to dramatically expand the employee retention tax credit. A similar provision, from Rep. Stephanie Murphy , was backed by the House.Warner said in an interview there could be "some collaboration" between his proposal and Portman's, in a sign that some consensus could be found when bipartisan talks begin in earnest.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nancy Pelosi criticizes Mitch McConnell's call to delay second stimulus: 'Tell that to the virus'The House Speaker reiterated her desire for urgent relief as she pushed for the HEROES Act to be passed.
Read more »
Next coronavirus stimulus bill will be the 'final' one, Mitch McConnell saysAs McConnell pledges caution, Chuck Schumer and Nancy Pelosi are pushing him to quickly approve more coronavirus relief measures.
Read more »
Nancy Pelosi criticizes Mitch McConnell's call to delay second stimulus: 'Tell that to the virus'The House Speaker reiterated her desire for urgent relief as she pushed for the HEROES Act to be passed.
Read more »
McConnell Says Next Coronavirus Aid Bill Will Be The LastThe next round of coronavirus aid will be narrowly focused and will not extend federal unemployment assistance, the Senate majority leader said.
Read more »
Meet The Harvard Grads Whose Startup Just Raised $30 Million To Help Employers Verify Sensitive DataTruework announced it had completed a $30 million Series B funding round, led by Activant Capital, with participation from returning investors Sequoia Capital and Khosla Ventures. Individual investors include Forbes 30 Under 30 honorees William Hockey of Plaid, and Daniel Yanisse of Checkr.
Read more »
Mitch McConnell's challenger says the Senate majority leader is running the U.S. 'into the ground'Democrat Mike Broihier, 57, is an outsider in the race for the Senate seat, which pits McConnell against the Democrat frontrunner Amy McGrath.
Read more »