Senate Republicans on Monday unveiled their long-awaited proposal for another coronavirus economic stimulus package, including big changes to the enhanced unemployment benefits that are set to expire this week for millions of Americans.
Based on Republicans’ previous descriptions of their plan, a trade association for state unemployment agencies said last week it would be an implementation nightmare with wildly different results among states.
The $1 trillion measure is supposed to be a starting point for negotiations with top congressional Democrats. But already it has divided the GOP and faces stiff opposition from conservatives. It includes another round of stimulus checks, similar to those paid out earlier this year, as well as aid to schools and smaller businesses, and expanded liability protections.
The Republican proposal would reduce the extra federal unemployment benefits that Congress created in March from $600 to $200 until October, then switch to a new payment formula.