President Donald Trump's fellow Republicans in the Senate are set to unveil a $1 trillion U.S. coronavirus relief bill on Monday that includes reduced federal unemployment benefits, with Treasury Secretary Steve Mnuchin saying he believes they can work with Democrats to move quickly on the legislation.
WASHINGTON - President Donald Trump’s fellow Republicans in the Senate are set to unveil a $1 trillion U.S. coronavirus relief bill on Monday that includes reduced federal unemployment benefits, with Treasury Secretary Steve Mnuchin saying he believes they can work with Democrats to move quickly on the legislation.
With enhanced federal unemployment benefits due to expire on Friday, Mnuchin and White House Chief of Staff Mark Meadows made weekend visits to Capitol Hill to meet with Republican Senate leaders on the legislation. Republicans say they are looking at an extension of unemployment benefits that replace 70% of a person’s wages before they lost their job. Mnuchin said on Saturday the Trump administration supports extending enhanced unemployment benefits until the end of the year, but at a reduced level.
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