Senate Republicans are finalizing a bill, which is set to be released Monday, that would offer $1,200 checks but less federal unemployment aid.
White House officials and Senate Republicans are finalizing a bill that would offer $1,200 checks to many Americans and that would not renew the full unemployment insurance enhancement as part of a proposal for the next stimulus bill set to be unveiled Monday, several top administration officials said Sunday.
White House economic adviser Larry Kudlow told CNN's Jake Tapper on"State of the Union" that $1,200 checks to Americans will be part of the new recovery package, in addition to reemployment bonuses, retention bonuses and tax credits for small businesses and restaurants.Kudlow also said the Republican proposal will lengthen the federal eviction moratorium that is lapsing. The $600 weekly boost to unemployment benefits that many Americans have relied upon is also expiring this week.
Kudlow told Tapper that"we have had a flood of inquiries and phone calls and complaints that small stores and businesses and restaurants can't hire people back."Read More"They went too far," he continued."Maybe last March, it was necessary for that, but really the consequences of people not returning to work ... we want to pay folks to go back to work.
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