Republicans are set to unveil a new stimulus aid package as soon as Monday.
- Republicans are set to unveil a new stimulus aid package as soon as tomorrow. The package would include $1,200 checks to many Americans. The Trump administration says it will not renew the unemployment benefits of 600 extra dollars a week. Instead, the new proposed aid package would pay roughly 70% of applicants wages prior to employment. Democratic Senator Chuck Schumer wants to extend the current package until January 31.
CHUCK SCHUMER: We should not give a 30% pay cut to those who lost their jobs through no fault of their own. This, the unemployment insurance, has kept millions out of poverty, prevented the recession from becoming a depression. We need to extend it.
- The original unemployment benefits actually paid people to stay home and, uh, actually a lot of people got more money staying at home than they would going back to work.
- The White House says the package will also include tax credits for small businesses and restaurants.