Business Tax Breaks Could Move Fast if Big Ticket Items Resolved

July 31, 2020, 8:46 AM UTC

Lawmakers in both parties have signaled that they could quickly move on more pandemic relief for businesses once a compromise is found on more contentious issues, including the federal pandemic unemployment aid expiring Friday.

Republicans, Democrats, and the White House remain far apart on the makeup of the next Covid-19 response package, particularly on how to handle the imminent expiration of the federal government’s $600 weekly boost to state unemployment benefits. The parties are also divided over other high priority issues, including state and local government aid that Democrats want and a liability shield for businesses that Senate Majority Leader ...

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