Bloomberg Tax
July 23, 2020, 12:18 AM

White House, Senate GOP Weigh Interim Unemployment Aid Extension

Saleha Mohsin
Saleha Mohsin
Bloomberg News
Josh Wingrove
Josh Wingrove
Bloomberg News

Trump administration officials and Senate Republicans are discussing a short-term extension of unemployment insurance as lawmakers and the White House appear unlikely to reach a broader stimulus deal before the benefits lapse.

The possible side deal would extend supplemental federal payments that were provided to millions of Americans in the last coronavirus rescue package, according to people familiar with the matter. The scope of any extension is unclear.

Some Republican aides on Capitol Hill cast doubt on its chances of succeeding. Several Republicans didn’t support the original $600-a-week unemployment insurance provided under the Cares Act. And any extension would require ...

Learn more about Bloomberg Tax or Log In to keep reading:

Learn About Bloomberg Tax

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools.