US Congress needs compromise to extend COVID-19 unemployment payments: Pelosi

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US Congress needs compromise to extend COVID-19 unemployment payments: Pelosi
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Democratic House Speaker Nancy Pelosi said on Sunday she believes U.S. lawmakers can find a compromise on extending jobless benefits and ...

Democratic House Speaker Nancy Pelosi said on Sunday she believes U.S. lawmakers can find a compromise on extending jobless benefits and unemployment insurance for Americans struggling amid coronavirus pandemic shutdowns.

Minority Leader Kevin McCarthy and other Republicans point to statistics showing many Americans receive more money from the extended unemployment benefits than they earned when they were at work. The loss of the safety net of US$600 per week payments to laid off workers looms well before a sustained recovery is likely to take hold from the sudden and deep recession brought by the coronavirus, which has infected nearly 3 million Americans.Democrats in the U.S. Senate, impatient with the pace of Republican deliberations on additional coronavirus aid, have proposed long-term extensions to a temporary unemployment insurance program.

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