Senate Republicans proposed a $1 trillion coronavirus aid package, paving the way for talks with Democrats on how to help Americans as expanded unemployment benefits for millions of workers expire this week
Senate Majority Leader Mitch McConnell called the proposal a “tailored and targeted” plan focused on getting children back to school and employees back to work and protecting corporations from lawsuits, while slashing the expiring supplemental unemployment benefits of $600 a week by two-thirds.
Republicans want to reduce the expanded unemployment benefit from the current $600 per week, which is in addition to state unemployment payments and expires on Friday, to $200 in addition to state unemployment.Related CoverageThe supplemental unemployment has been a financial lifeline for laid-off workers and a key support for consumer spending.
“We hope that we would be able to reach an agreement. We clearly do not have shared values. Having said that, we just want to see if we can find some common ground to go forward. But we’re not at that place yet,” Pelosi said.The Republican-led Senate refused to consider the House coronavirus relief bill, known as the “HEROES Act,” that was passed in May.
The proposal included “strong legal liability protection” for corporations, a top Republican priority.
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