Pelosi and Mnuchin torn over expanding unemployment boost - Business Insider

Pelosi and Mnuchin torn over expanding unemployment boost - Business Insider

• House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin on Sunday appeared on ABC News' "This Week" and detailed some of the ongoing negotiations between Republicans and Democrats over a forthcoming coronavirus relief package. • Republicans and Democrats have hit a wall over the since-expired $600 weekly boost to federal unemployment benefits, which was part of the $2 trillion CARES Act passed in March. • Republicans, including President Trump, have said they don't plan to extend the initial boost because they believe it "paid people to stay home." • Mnuchin said Republicans had offered a one-week extension of the $600 per week increase to federal unemployment benefits but said Democrats are more focused on including that as part of a longterm solution. • Pelosi blamed the president for the continued negotiations and said the GOP had offered a $200 weekly boost that "does not meet the needs of America's working families." Democrats and Republicans are still stuck in negotiations over a forthcoming coronavirus relief stimulus package and continue to clash over how to extend a weekly boost to federal unemployment benefits that ended at the end of last month. During appearances on ABC News' "This Week," both House Speaker Nancy Pelosi, a California Democrat, and the Trump-appointed Treasury Secretary Steven Mnuchin said discussions about extending the $600 weekly boost to federal unemployment benefits, which was passed in March as part of the $2 trillion CARES Act, are at the center of their ongoing negotiations. "He's the one who is standing in the way of that," the ...
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