Tag Archives: Charles Schumer

Congress ready to fight as unemployment cliff looms

Congress is moving toward a showdown over federal unemployment benefits, with millions of Americans in the balance. As part of the March $ 2.2 trillion coronavirus bill, Congress agreed to a $ 600 per week increase in unemployment benefits, but they will begin to expire in a matter of days. …

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Kevin McCarthy says the bill may not pass in July

House of Representatives minority leader Kevin McCarthy said he does not expect Congress to pass a new coronavirus relief bill by the end of July, meaning a key financial lifeline is likely to expire. “I imagine this bill will not take place in late July,” the California Republican told CNBC’s …

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