Jobless Benefits Spat Snags Senate's Huge US Relief Package
Umer Jamshaid 1 year ago Thu 26th March 2020 | 10:20 AM
Washington, (UrduPoint / Pakistan Point News - 26th Mar, 2020 ) :Republican opposition to expanding certain unemployment benefits was delaying Senate passage Wednesday of the largest economic rescue package in modern US history, amid fears that New York could be the next epicenter of the coronavirus pandemic.
The state has around 30,000 confirmed cases, he added, with 285 deaths.
"The arrows are headed in the right direction," Cuomo told reporters.
A congressional impasse however began to overshadow the deal reached overnight on the massive relief package.
Four Republican senators have balked at the generous provisions agreed to by Democratic and Republican congressional leaders and the White House after days of intense wrangling over the $2 trillion stimulus.
But the Senate rebels argued that the $600 weekly extra benefit during the virus crisis, combined with standard unemployment payments, would surpass full salaries for many low-wage workers, potentially incentivizing layoffs.
Treasury Secretary Steven Mnuchin rejected the suggestion.
"Most Americans... want to keep their jobs," he told reporters.
"Our expectation is this bill passes tonight and gets to the House tomorrow, and they pass it," he added.
"We need to get this money into the American economy and (to) American workers." Over half the US population is now under some form of lockdown as authorities nationwide seek to stem the outbreaks.
Birmingham, Alabama and Charlotte, North Carolina have become the latest major US cities to order residents to stay indoors.