Unemployment benefits to expire as coronavirus talks deadlock
By Jordain Carney - 07/31/20 06:00 AM EDT
Enhanced unemployment benefits are set to expire as congressional negotiators are deadlocked over a coronavirus relief deal.
The additional $600 a week in unemployment insurance that Congress provided in late March will sunset on Friday at midnight, dealing a significant financial blow to millions of jobless Americans amid a weakening labor market.
Lawmakers had hoped the deadline, which was known for months, would result in the kind of eleventh-hour agreement that was once commonplace in Washington. But in a sign of how far apart negotiators are, the Senate left town for the week on Thursday, ensuring Congress will careen over the fast-approaching unemployment cliff.
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https://thehill.com/policy/finance/509908-unemployment-benefits-to-expire-as-coronavirus-talks-deadlock
