Progress is coming slowly as lawmakers craft another major response to the coronavirus pandemic.
Areas of agreement already include the $1,200 direct payment and changes to the Paycheck Protection Program to permit especially hard-hit businesses to obtain another loan under generous forgiveness terms.But the terms and structure of the unemployment benefit have remained a sticking point, along with the money for state and local governments. Democrats want almost $1 trillion for localities grappling with pandemic-related revenue losses.
“They want to bail out cities and states that have been in trouble for years of bad management,” Trump said. “In all cases Democrat-run cities, and we don’t think that’s fair.” On unemployment, Pelosi said she’d consider reducing the $600 benefit for people in states with lower unemployment rates. Republicans want to cut the benefit to encourage beneficiaries to return to work and say it is bad policy since it pays many jobless people more money than they made at their previous jobs.
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