The U.S. Capitol stands in Washington, D.C., U.S. on Thursday, Oct. 1, 2020. Talks Thursday between Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin brought no immediate breakthrough on a deal for a new pandemic relief package, while the House prepared to vote on a Democrat-only plan.
Stefani Reynolds | Bloomberg | Getty Images
Democrats and Republicans still seem unable to find common ground on enhanced unemployment benefits, more than two months after the expiration of a prior, $600 weekly subsidy that had buoyed household income for millions.
White House officials and senior congressional Democrats were still trying to hammer out details of a fifth financial relief package through Tuesday afternoon to help counter the negative economic effects of the coronavirus pandemic.
President Donald Trump upended those talks around 3 pm E.T. on Tuesday, tweeting that he was instructing White House representatives to cease negotiations until after election day in early November. It wasn't immediately clear whether that was a hard line or a negotiating tactic.
Unemployment benefits appeared to be a key sticking point in the negotiations, despite consensus in other areas like stimulus checks and aid for small businesses.
House Speaker Nancy Pelosi, D-Calif., at the U.S. Capitol on Oct. 1.
Chip Somodevilla | Getty Images News | Getty Images
It's unclear whether congressional Republicans would support a $400-a-week policy or a bill with an overall price tag as high as the White House proposal.
"Negotiations are ongoing," according to a White House spokesman said Monday. "The White House continues to reach out to Democrats in good faith to try and reach a deal on delivering relief to American workers."
Treasury Secretary Steven Mnuchin during a Senate hearing on Sept. 24.
Toni L. Sandys-Pool/Getty Images
Some experts remain hopeful lawmakers can still come to an agreement, especially as unemployment remains high seven months into the economic crisis and the presidential election looms in a month's time.
"I think there's tremendous pressure on both sides to pass something," said Michele Evermore, a senior policy analyst at the National Employment Law Project. "Nobody wants to go home and campaign on, 'We didn't give you anything.'"
Republicans have criticized the supplement as a disincentive to return to work since it paid many people more than they'd earned on the job.
While anecdotal evidence suggests this may have been the case for some businesses, numerous economic studies found that, in aggregate, the $600 enhancement didn't discourage people from looking for work or accepting job offers.
"Expanded UI benefits from the CARES Act appeared to be an important source of aggregate stimulus rather than an impediment to labor market improvement," according to a paper published last month by the Federal Reserve Bank of San Francisco.
Democrats want to extend the $600 weekly payments, which come on top of state-allotted aid, to help bolster consumer spending and the U.S. economy as signs have emerged that the recovery is sputtering.
"We still have a massive gap in the labor market, and job growth is slowing," said Heidi Shierholz, director of policy at the Economic Policy Institute and a former chief economist at the Department of Labor during the Obama administration.
The unemployment rate fell to 7.9% in September after businesses added 661,000 jobs, the Bureau of Labor Statistics reported Friday. That rate is down from a 14.7% peak in April, the highest recorded since the Great Depression.
There are 10.7 million fewer jobs now than in February before the pandemic-induced recession, according to the bureau. The true figure likely exceeds 12 million jobs when factoring in prevailing monthly job growth trends that had been occurring pre-pandemic, Shierholz said.
President Donald Trump appears intent on passing another relief package before the November election.
"OUR GREAT USA WANTS & NEEDS STIMULUS. WORK TOGETHER AND GET IT DONE," Trump tweeted Saturday from Walter Reed National Military Medical Center in Bethesda, Maryland, where he'd been receiving treatment for Covid-19.
The Trump administration had enacted a Lost Wages Assistance program in August that offered a $300 weekly supplement to unemployment benefits for up to six weeks, paid for with federal disaster relief funds. (A few states paid an extra $100, for a total of $400.)
Workers in some states haven't yet received that aid, however, due to administrative delays. And hundreds of thousands of workers, primarily low-income and part-time workers, weren't eligible for that money due to program guidelines.
If Congress and the White House reach a deal on unemployment benefits, a relief measure may be delayed by lack of common ground elsewhere, like additional aid for state and local governments. And extra jobless aid would likely only last for a few months.
"I do think there's been some progress made, and now it's [down to] whether they'll get something all the way through," Andrew Stettner, a senior fellow at the Century Foundation, said of relief talks. "Even if this thing passes, they'll have to come back to it in December or January."
Read the rest here:
Democrats and GOP still fighting over $600 jobless benefits. Where things stand - CNBC
- David Ditch: Uncle Sam is picking your pocket with high taxes Democrats want to raise them even higher - Fox News [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- 2020 Democrats are naming their fundraising 'bundlers' - Columbian.com - The Columbian [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- Democrats Sparred Over a Wine Cave Fund-Raiser. Its Billionaire Owner Isnt Pleased. - The New York Times [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- Education Spending: What Democratic Candidates Want vs. Reality, in Charts - Education Week [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- Democratic leadership should be afraid of McKayla Wilkes - The Week [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- Editorial: Democrats are pushing the right fix to a Trump tax law - San Francisco Chronicle [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- The biggest state feels the most excluded in the Democratic race - CNN [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- Illinois provides the Democrats with a Midwestern base: The Flyover - cleveland.com [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- Mike Bloomberg is trying to convince big-money Democratic donors that he can win in 2020, even though he isn't taking their money - CNBC [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- Wine Caves and Purity Tests in Democratic Politics - The New York Times [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- House GOP vows to use impeachment to cut into Democratic majority | TheHill - The Hill [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- Democrats Who Flipped Seats in 2018 Have a 2020 Playbook: Focus on Drug Costs - The New York Times [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- A decade of Obamacare: How health care went from wrecking to boosting Democrats - CNBC [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- Democrats need to accept these 3 truths to beat Trump in 2020 - CNBC [Last Updated On: December 27th, 2019] [Originally Added On: December 27th, 2019]
- What if Democrats Tried Real Outreach? - The New York Times [Last Updated On: January 14th, 2020] [Originally Added On: January 14th, 2020]
- Impeachment moved nobody but threatens trouble for Democrats | TheHill - The Hill [Last Updated On: January 14th, 2020] [Originally Added On: January 14th, 2020]
- Top Democrats Say They Support the Iran DealBut Here's How They've Undermined It - In These Times [Last Updated On: January 14th, 2020] [Originally Added On: January 14th, 2020]
- Democrats Future Is Moving Beyond the Rust Belt - The Atlantic [Last Updated On: January 14th, 2020] [Originally Added On: January 14th, 2020]
- Why The Most Coveted Democratic Endorser In Iowa Isn't Picking Sides - NPR [Last Updated On: January 14th, 2020] [Originally Added On: January 14th, 2020]
- He Was Cruising in a G.O.P. Primary. Then Trump Endorsed an Ex-Democrat. - The New York Times [Last Updated On: January 14th, 2020] [Originally Added On: January 14th, 2020]
- The Odd Couples of the Democratic Party - The New York Times [Last Updated On: January 14th, 2020] [Originally Added On: January 14th, 2020]
- Prominent House Republican Doug Collins walks back his insistence that Democrats are in love with terrorists - MarketWatch [Last Updated On: January 14th, 2020] [Originally Added On: January 14th, 2020]
- The Weekly | Vetting the 2020 Democratic Presidential Candidates - The New York Times [Last Updated On: January 14th, 2020] [Originally Added On: January 14th, 2020]
- 'Deeply disturbing': 'Gang of Eight' Democrats shocked by report on Russians hacking Burisma - Washington Examiner [Last Updated On: January 14th, 2020] [Originally Added On: January 14th, 2020]
- Like, Ill Tune In When Theres Two Weeks Left: Why Trump Has a Huge Advantage Over Dems With Low-Information Voters - Vanity Fair [Last Updated On: January 14th, 2020] [Originally Added On: January 14th, 2020]
- The Coalition of the Ascendant Rejects Candidates of Color - National Review [Last Updated On: January 14th, 2020] [Originally Added On: January 14th, 2020]
- Whats on TV Tuesday: Leslie Jones and the Democratic Debate - The New York Times [Last Updated On: January 14th, 2020] [Originally Added On: January 14th, 2020]
- Who will win New Hampshire? 5 top state Democrats dish on the state of play - POLITICO [Last Updated On: January 14th, 2020] [Originally Added On: January 14th, 2020]
- Democrat Klobuchar on diversity and taking on Trump in the 2020 presidential race - Reuters [Last Updated On: January 14th, 2020] [Originally Added On: January 14th, 2020]
- Democratic Party Leaders Are Mostly Sitting Out The Endorsement Race So Far - FiveThirtyEight [Last Updated On: January 14th, 2020] [Originally Added On: January 14th, 2020]
- Twelve Democrats, three Republicans in U.S. presidential race - Reuters [Last Updated On: January 14th, 2020] [Originally Added On: January 14th, 2020]
- 'It's a sad day': As Booker exits Democratic primary, a once-historic field gets less diverse - USA TODAY [Last Updated On: January 14th, 2020] [Originally Added On: January 14th, 2020]
- Live Updates And Analysis: January Democratic Debate In Iowa - NPR [Last Updated On: January 18th, 2020] [Originally Added On: January 18th, 2020]
- Biden is the Democrats' 'only hope' to defeat Trump | TheHill - The Hill [Last Updated On: January 18th, 2020] [Originally Added On: January 18th, 2020]
- Why Andrew Yang Has Endured While Traditional Democratic Candidates Have Not - National Review [Last Updated On: January 18th, 2020] [Originally Added On: January 18th, 2020]
- Opinion | Winners and Losers of the Democratic Debate - The New York Times [Last Updated On: January 18th, 2020] [Originally Added On: January 18th, 2020]
- Tucker Carlson: Democrats want US to be more like California -- the state that's driving residents away - Fox News [Last Updated On: January 18th, 2020] [Originally Added On: January 18th, 2020]
- Meet the Democrats prosecuting Trump's impeachment - POLITICO [Last Updated On: January 18th, 2020] [Originally Added On: January 18th, 2020]
- Liberals make up the largest share of Democratic voters, but their growth has slowed in recent years - Pew Research Center [Last Updated On: January 18th, 2020] [Originally Added On: January 18th, 2020]
- Who Won The January Democratic Debate? - FiveThirtyEight [Last Updated On: January 18th, 2020] [Originally Added On: January 18th, 2020]
- The War For The Democratic Party Will Destroy Lives, Change The US - The Federalist [Last Updated On: January 18th, 2020] [Originally Added On: January 18th, 2020]
- Hillary Clinton on whom she thinks 2020 Democratic voters should nominate - ABC News [Last Updated On: January 18th, 2020] [Originally Added On: January 18th, 2020]
- Democrats Take a Walk on the Mild Side - POLITICO [Last Updated On: January 18th, 2020] [Originally Added On: January 18th, 2020]
- Democrats should put an end to caucuses - Boston Herald [Last Updated On: January 18th, 2020] [Originally Added On: January 18th, 2020]
- Kimberley Strassel: Why is the 2020 Democratic primary field littered with the failed bids of woke candidates? - Fox News [Last Updated On: January 18th, 2020] [Originally Added On: January 18th, 2020]
- DCCC: Democrats tout fundraising advantage in 2020 congressional elections - CBS News [Last Updated On: January 18th, 2020] [Originally Added On: January 18th, 2020]
- Oregon Democrats, Republican bristle over possibility of another GOP shutdown - OregonLive [Last Updated On: January 18th, 2020] [Originally Added On: January 18th, 2020]
- Democrats Should Be Worried About the Latino Vote - The Atlantic [Last Updated On: January 18th, 2020] [Originally Added On: January 18th, 2020]
- Woke doesnt win and other big surprises of Democrats 2020 race so far - New York Post [Last Updated On: January 18th, 2020] [Originally Added On: January 18th, 2020]
- Democratic lawmaker dismisses GOP lawsuit threat: 'Take your letter and shove it' | TheHill - The Hill [Last Updated On: January 18th, 2020] [Originally Added On: January 18th, 2020]
- Cotton: Democrats are 'upset that their witnesses haven't said what they want them to say' | TheHill - The Hill [Last Updated On: January 27th, 2020] [Originally Added On: January 27th, 2020]
- WATCH: Pistol Grips A 'Weapons Of War' Feature? Virginia Democrat Trying To Ban Guns Gives 6-Minute Speech, Gets EVERYTHING Wrong About Guns - The... [Last Updated On: January 27th, 2020] [Originally Added On: January 27th, 2020]
- Tom Cotton: Democrats haven't proven impeachment case, don't need to 'prolong' things - Washington Times [Last Updated On: January 27th, 2020] [Originally Added On: January 27th, 2020]
- What Chicagos Mayor Really Thinks About the Democratic Field - The Atlantic [Last Updated On: January 27th, 2020] [Originally Added On: January 27th, 2020]
- Impeachment: Democrats reject witness swap in Trump trial - BBC News [Last Updated On: January 27th, 2020] [Originally Added On: January 27th, 2020]
- Democrat House impeachment manager inadvertently admits what impeachment is actually about - TheBlaze [Last Updated On: January 27th, 2020] [Originally Added On: January 27th, 2020]
- Poll Results Put Andrew Yang Back On The Democratic Debate Stage - NPR [Last Updated On: January 27th, 2020] [Originally Added On: January 27th, 2020]
- 12 States Where Democrats Could Flip the Senate - The Nation [Last Updated On: January 27th, 2020] [Originally Added On: January 27th, 2020]
- Facebook is worried about Democrats winning the presidential election - Axios [Last Updated On: January 27th, 2020] [Originally Added On: January 27th, 2020]
- Democrats, Republicans tussle over witnesses as vote approaches | TheHill - The Hill [Last Updated On: January 27th, 2020] [Originally Added On: January 27th, 2020]
- Democrats cry foul over Schiff backlash | TheHill - The Hill [Last Updated On: January 27th, 2020] [Originally Added On: January 27th, 2020]
- 5 Things We Learned Interviewing 2020 Democrats (Again) - The New York Times [Last Updated On: January 27th, 2020] [Originally Added On: January 27th, 2020]
- 'Didn't answer the second part of my question': Buttigieg grilled by anti-abortion Democrat - Washington Examiner [Last Updated On: January 27th, 2020] [Originally Added On: January 27th, 2020]
- A Major Fear for Democrats: Will the Party Come Together by November? - The New York Times [Last Updated On: January 27th, 2020] [Originally Added On: January 27th, 2020]
- Who Will Win the Democratic Primary? Our New Prediction Model Says - OZY [Last Updated On: February 3rd, 2020] [Originally Added On: February 3rd, 2020]
- Democrats' History Of Intimidating SCOTUS Justices Carries Over Into Impeachment - The Federalist [Last Updated On: February 3rd, 2020] [Originally Added On: February 3rd, 2020]
- Impeachment has proved the Democrats are no longer democrats - The Spectator USA [Last Updated On: February 3rd, 2020] [Originally Added On: February 3rd, 2020]
- As Other Democrats Feud, Bloomberg Hammers Trump on Health Care - The New York Times [Last Updated On: February 3rd, 2020] [Originally Added On: February 3rd, 2020]
- The Humbling of Democrats in Texas - The Atlantic [Last Updated On: February 3rd, 2020] [Originally Added On: February 3rd, 2020]
- 2020 Democrats Are Already Giving Up on Congress - The Atlantic [Last Updated On: February 3rd, 2020] [Originally Added On: February 3rd, 2020]
- Iowa Democrats fear losing first-in-the-nation status - POLITICO [Last Updated On: February 3rd, 2020] [Originally Added On: February 3rd, 2020]
- Chris Matthews expresses worries: Democrats 'need to find' candidate who can beat Trump | TheHill - The Hill [Last Updated On: February 3rd, 2020] [Originally Added On: February 3rd, 2020]
- Are the Democrats Completely Screwing This Up? - Rolling Stone [Last Updated On: February 3rd, 2020] [Originally Added On: February 3rd, 2020]
- House Democrat to bring Khashoggi's fiance to State of the Union | TheHill - The Hill [Last Updated On: February 3rd, 2020] [Originally Added On: February 3rd, 2020]
- Democrats Had a 2020 Vision. This Isnt Quite What They Expected. - The New York Times [Last Updated On: February 3rd, 2020] [Originally Added On: February 3rd, 2020]
- Democrats Counter Trump on Health Care and Condemn His Conduct - The New York Times [Last Updated On: February 10th, 2020] [Originally Added On: February 10th, 2020]
- Democratic senators press Amazon over injury rates | TheHill - The Hill [Last Updated On: February 10th, 2020] [Originally Added On: February 10th, 2020]
- James Carville Rages Over State of Dem Party: 'I'm Scared to Death!' - The Daily Beast [Last Updated On: February 10th, 2020] [Originally Added On: February 10th, 2020]
- As Democrats Try to Move On From the Caucus Chaos - The New York Times [Last Updated On: February 10th, 2020] [Originally Added On: February 10th, 2020]
- The Harrowing Chaos of the Democratic Primary - The New York Times [Last Updated On: February 10th, 2020] [Originally Added On: February 10th, 2020]