unemployment

TOPLINE  Lawmakers are unlikely to put together another federal stimulus package before certain key parts of the CARES Act—most notably the expanded unemployment insurance—expire. Here’s what you need to know.  Storm clouds pass over the Capitol dome as a severe thunderstorm approaches Washington on Wednesday, ... [+] July 22, 2020. CQ-Roll Call, Inc via Getty…

TOPLINE Republicans were set to unveil their proposal for a fifth coronavirus stimulus package on Thursday—the next step in a process that will ultimately decide the fate of relief payments affecting millions of Americans—but GOP lawmakers could not decide how to tweak unemployment payouts, delaying the draft until next week. President Donald Trump talks to…

New economic data show a growing slowdown, underscoring the need for another stimulus package. But intra-party fights among Republican Senators regarding deficit spending are slowing the legislation, and will make the overall bill smaller than it should be. WASHINGTON, DC - JULY 20: Senate Majority Leader Mitch McConnell (R-KY) (L) listens to U.S. ... [+]…

“In some states, it could take quite a bit of time, and it could cause severe delays,” said Arindrajit Dube, a professor of economics at UMass Amherst. “This is the kind of thing you don't try to change in the middle of a pandemic.” Virtual health care has surged during the coronavirus pandemic. Will it…

The Republican coronavirus relief plan will extend enhanced unemployment insurance "based on approximately 70% wage replacement," Treasury Secretary Steven Mnuchin said Thursday. He spoke to CNBC about the state of negotiations hours after Senate Republicans and the Trump administration said they reached a tentative deal on legislation they say will serve as a starting point in talks…