{"id":149782,"date":"2020-05-22T04:41:41","date_gmt":"2020-05-22T04:41:41","guid":{"rendered":"https:\/\/www.bnreport.com\/mcconnell-next-pandemic-stimulus-bill-wont-extend-enhanced-unemployment-benefits\/"},"modified":"2020-05-22T04:41:41","modified_gmt":"2020-05-22T04:41:41","slug":"mcconnell-next-pandemic-stimulus-bill-wont-extend-enhanced-unemployment-benefits","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/mcconnell-next-pandemic-stimulus-bill-wont-extend-enhanced-unemployment-benefits\/","title":{"rendered":"McConnell: Next Pandemic Stimulus Bill Wont Extend Enhanced Unemployment Benefits"},"content":{"rendered":"

Senate Majority Leader Mitch McConnell (R-Ky.) said the next CCP virus bill will not extend enhanced unemployment benefits that entail an extra $600 per week.<\/p>\n

The benefits, which were included in the CARES Act passed in March, \u201cwill not be in the next bill,\u201d he told other lawmakers in a conference call.<\/a><\/p>\n

More aid is likely necessary in the coming weeks as unemployment rates continue to rise, but the unemployment benefits wont continue, he stressed.<\/p>\n

Republicans are \u201cgoing to have to clean up the Democrats crazy policy that is paying people more to remain unemployed than they would earn if they went back to work,\u201d McConnell said.<\/p>\n

At the same time, he said House Democrats HEROES Act passed last week will not serve as a model for future aid packages. The HEROES Act would extend the $600 extra per week until Jan. 31, 2021. It is currently set to end on July 31.<\/p>\n

Now, Republicans will \u201cpause\u201d to evaluate the U.S. economy before a \u201cphase four\u201d stimulus package, the majority leader added in the call.<\/a><\/p>\n

Sen. Lindsey Graham (R-S.C.) told The Hill that he also pushed President Donald Trump to agree to not extend the enhanced unemployment benefits.<\/p>\n

\u201cI asked him not to agree to that. That we cant. You can extend some assistance, but you dont want to pay people more unemployed than they made working,\u201d Graham said, but he added that Trump didnt necessarily say he would support ending the benefits.<\/p>\n

Rep. Don Beyer (D-Va.) told the website on Wednesday that a reduction in unemployment benefits would lead to a catastrophe.<\/p>\n

\"President<\/a>
President Donald Trump and his daughter Ivanka listen as Treasury Secretary Steven Mnuchin speaks during an event on supporting small businesses through the Paycheck Protection Program in the East Room of the White House on April 28, 2020. (Win McNamee\/GeRead More From Source<\/a>
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The Epoch Times<\/a><\/h5>\n

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Senate Majority Leader Mitch McConnell (R-Ky.) said the next CCP virus bill will not extend enhanced..<\/p>\n","protected":false},"author":1,"featured_media":149783,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46],"tags":[],"class_list":["post-149782","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"\nMcConnell: Next Pandemic Stimulus Bill Wont Extend Enhanced Unemployment Benefits - Business News Report<\/title>\n<meta name=\"description\" content=\"Senate Majority Leader Mitch McConnell (R-Ky.) said the next CCP virus bill will not extend enhanced..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/mcconnell-next-pandemic-stimulus-bill-wont-extend-enhanced-unemployment-benefits\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"McConnell: Next Pandemic Stimulus Bill Wont Extend Enhanced Unemployment Benefits - 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