TOPLINE
Chamber member Nancy Pelosi (D-Calif.) Said Sunday that “there is room for compromise” when it comes to the expired $ 600 weekly unemployment benefit that Democrats have said they want to see again in a new incentive package while he a memorandum calls President Donald Trump signed Saturday with authorization of $ 400 weekly payments “unconstitutional slop.”
US Speaker of the House Rep. Nancy Pelosi (D-CA) joins a news conference on August 7, 2020 … [+]
KEY FACTS
Pelosi indicated on CNN’s State of the Union ‘that going down the $ 600 number might be something Democrats are willing to negotiate.
When host Dana Bash asked, “If Republicans are right when they say you do not get off your $ 600 number, you will not get off on other numbers,” Pelosi replied, “No, that’s why we’re in a stable sit. “
Continuing $ 600 weekly federal unemployment benefits are what Democrats have consistently said should be included in the next incentive package.
Republicans are proposing payments of $ 200 a week by the end of the year, instead, arguing that the $ 600 payments are far too generous and Americans are decentralizing from returning to work.
But last week, Senate Majority Leader Mitch McConnell (R-Ky.) Said he was “ready to support” a $ 600 coronavirus incentives bill, with talks between Republicans and Democrats showing no progress to let.
Trump threw a massive curveball into negotiations on Saturday as he overturned Congress and signed an executive order and three memoranda to provide pandemic assistance, including one that would provide $ 400-a-week payments to unemployed workers by the end of the year. , a legally dubious move that is likely to be challenged by Democrats in court.
CRITICAL CONTACT
“Obviously there is room for compromise, but you have to look at the whole package,” Pelosi said.
KEY BACKGROUND
The $ 600 weekly unemployment benefits have been a major lifeline for millions of U.S. workers since the U.S. economy was plunged into corruption by coronavirus. Those unemployment benefits ran almost unanimously through Congress as part of the CARES Act back in March, but the federal benefits, which came in addition to the state’s unemployment benefits, expired at the end of July. The $ 400 weekly payments that Trump is trying to impose would only be 75% funded by the federal government, leaving the rest to the states, which saw revenue during the pandemic.
TANGENT
Many questions remain unanswered about whether Trump has the legal authority to implement the executive actions and where the money will come from to fund them. In addition to the $ 400-a-week payments, Trump also extended the ban on repeating federal student loans by the end of the year and ordered the Treasury to implement a controversial pay-as-you-go tariff for most U.S. workers who are not members of Congress. once had considered during negotiations. On Fox News Sunday, Pelosi called the president’s actions “unconstitutional”, the same wording. Ben Sasse (R-NE) used to describe the executive order.
FREE READ
Pelosi: ‘Of course there is room for compromise’ on $ 600-a-week unemployment benefit (The Hill)
Second incentive check continues for $ 600 Unemployment Extension (Forbes)
GOP $ 200 Unemployment Plan Will Mean Large-End Homeless and Deep Depression (Forbes)
McConnell: ‘I’m Ready to Support’ Coronavirus Incentive Bill Includes $ 600 Unemployment Check (Forbes)
$ 600 Unemployment Surveys Cut to $ 300 Under Trump Executive Order – States Asked to Add $ 100 (Forbes)
Dems Slam Trump’s Executive Actions, Biden Calls for Wage Tax Cuts ‘A Reckless War on Social Security’ (Forbes)
