Friday, March 5, 2021

BREAKING NEWS: Senate approves unemployment benefits deal, ending logjam on Covid aid bill

The Senate finally broke a logjam Friday night by agreeing to provide $300 a week in unemployment benefits through Sept. 6, in addition to $10,200 in tax relief for unemployed workers, under President Joe Biden's $1.9 trillion coronavirus relief deal.

The breakthrough comes after Sen. Joe Manchin (D-W.Va.) delayed a Democratic compromise on unemployment insurance for about 9 hours, essentially halting all activity on the Senate floor before he finally agreed to deal struck by progressives and moderate Democrats.

The tax-free status for unemployment benefits would apply only to households with incomes under $150,000 a year.

The Senate can now proceed with a marathon "vote-a-rama" — in which any senator can offer an amendment to Biden's bill — before final passage of the legislation, which is likely on Saturday.

Read more here.

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