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Politics Mitch McConnell is said to be circulating a stimulus plan that doesn't include any extra federal unemployment benefits

01:55  02 december  2020
01:55  02 december  2020 Source:   businessinsider.com

Many stimulus programs are due to expire at the end of 2020, threatening the US economy during the COVID-19 pandemic's most challenging phase

  Many stimulus programs are due to expire at the end of 2020, threatening the US economy during the COVID-19 pandemic's most challenging phase As Americans enter some of the most challenging weeks of the COVID-19 pandemic, a number of economic relief programs are due to end.In March, during the early days of the coronavirus pandemic, the $2 trillion Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, easily passed both houses of Congress with bipartisan support, providing a lifeline to recently laid-off employees and businesses that were forced to close due to COVID-related shutdowns.

Mitch McConnell says next coronavirus bill will not extend enhanced unemployment benefits . The 0 per week federal unemployment benefit , which adds to the sum individuals normally get from McConnell 's priorities for another coronavirus bill include expanded testing and liability protections

Mitch McConnell promised House Republicans on Wednesday that the beefed up unemployment benefits enacted earlier this spring "will not be in the While McConnell conceded more aid may be necessary in the coming weeks, he also repeated his insistence that liability reform be included in the

Mitch McConnell wearing glasses and looking at the camera: Senate Majority Leader Mitch McConnell (R-KY) speaks to the media after attending the Republican weekly policy luncheon on Capitol Hill July 23, 2019 in Washington, DC. Mark Wilson/Getty Images © Mark Wilson/Getty Images Senate Majority Leader Mitch McConnell (R-KY) speaks to the media after attending the Republican weekly policy luncheon on Capitol Hill July 23, 2019 in Washington, DC. Mark Wilson/Getty Images
  • Senate Republicans are circulating a slimmed-down coronavirus relief plan that omits federal unemployment benefits, The Washington Post reported.
  • It would also provide for a one-month extension of an unemployment program for gig workers as well as traditional state benefits.
  • Democrats trashed the proposal as "an insult" to workers and businesses suffering in the pandemic.
  • Visit Business Insider's homepage for more stories.

Senate Republicans are circulating another slim coronavirus relief plan, The Washington Post reported on Tuesday. The five-page outline could form the basis of negotiations from the GOP side.

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The plan from Senate Majority Leader Mitch McConnell sharply diverged from the $908 billion bipartisan proposal that another group of senators unveiled on Tuesday. According to The Post, McConnell's plan would contain:

  • No additional federal unemployment benefits.
  • No aid for state and local governments.
  • One-month extension on Pandemic Unemployment Assistance for gig workers as well as state benefits.
  • Liability shield from coronavirus-related lawsuits businesses.
  • $105 billion in education funding.

The omission of federal unemployment benefits represents a stark reversal for McConnell, who has long touted another plan that included $300 weekly aid for unemployed people. The plan would also omit $1,200 stimulus checks, another Democratic priority.

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Mitch McConnell says Senate will vote on coronavirus stimulus plan as soon as this week. Senate Majority Leader Mitch McConnell said the Senate plans to vote on what he called a "targeted" The package would allow states to restart enhanced unemployment insurance at 0 per week through

Senate Majority Leader Mitch McConnell took a hard line Wednesday against more funding for state and local governments in the wake of the coronavirus outbreak, saying that Republicans are not interested in "revenue replacement for state governments" or "solving their pension problems.".

"We just don't have time to waste time. We have a couple of weeks left here," McConnell said at a press conference on Tuesday. "Obviously, it does require bipartisan support to get out of Congress, but it requires a presidential signature."


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McConnell's office did not immediately respond to a request for comment.

The plan was unlikely to gain the support of Democrats, who trashed the proposal as woefully insufficient to assist people and companies struggling in the pandemic.

"This is an insult to the millions of workers and businesses that are losing their livelihoods because of this crisis," Sen. Ron Wyden of Oregon wrote on Twitter. "This proposal doesn't come close to giving Americans the help they desperately need to stay afloat."

Brian Riedl, an economist and policy expert at the right-leaning Manhattan Institute, said Republicans and Democrats are still far apart on the size and composition of another relief package.

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While the extra 0 per week in unemployment benefits will cease July 31, some other coronavirus-related unemployment provisions will remain in place through the end of the year. Majority Leader Mitch McConnell said this week that Congress will "probably" need to pass another stimulus bill.

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"It seems like some of the major areas of disagreement are state and local financing, cost, unemployment benefit details and the liability issue," Riedl said in an interview. "Some of those can be bridged more easily than others."

It remains unclear whether those differences can be closed with less than two weeks left on the legislative calendar. Congressional leaders did not endorse the bipartisan stimulus plan, which was aimed at breaking the months-long deadlock on economic aid. It included $300 weekly federal unemployment benefits, some state aid, and a temporary liability shield.

Congress faces mounting pressure to pass more aid as coronavirus cases surge and threaten to set back the economic recovery.

"Additional COVID relief is long overdue and must be passed in this lame duck session," House Speaker Nancy Pelosi said in a statement following a phone call in which the pair also discussed year-end spending bills.

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