Number of the Day Shows Impact of Failed Negotiations

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Number of the Day

That’s how much additional aid those collecting unemployment benefits can expect from the federal government—at least until after the election.

President Donald Trump killed any lingering hope of reaching an agreement on additional unemployment benefits with a Tweet Tuesday announcing he was cutting off negotiations with House Democrats over a new stimulus bill. 

The two sides had been divided for months over replacing the $600 weekly unemployment supplement provided by the CARES Act. Those benefits—a supplement to state-administered unemployment insurance—expired at the end of July. Last week the Democrats passed a $2.2 trillion bill that would have reinstated the $600, and the Republican counter-offer, a $1.6 trillion package, reportedly included $400.

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