C-19 Coronavirus Chaos Unemployment Benefits are “a barrier to getting people back to work”

C-19 Coronavirus Chaos Unemployment Benefits are “a barrier to getting people back to work”

GOP weighs jobless aid cuts to urge Americans back to work.

President Trump and Senate Majority Leader Mitch McConnell met Thursday at the White House as Republicans plan to phase out C-19 coronavirus chaos-related unemployment benefits to encourage Americans to go back to work.

Revamping jobless aid is becoming the focus of debate over the next virus aid package. After the Senate decided to take a “pause” on new aid/relief proposals.

The Senate began efforts to fast-track an extension of a popular small business lending program.

Republicans and the White House are reaching consensus on the need for redesigning the unemployment benefits so they are not a barrier to getting people back to work,” Rep. Kevin Brady 9R-TX), the Top Republican on the House Ways and Means Committee, told reporters.

The activity comes after House Speaker Nancy Pelosi pushed a new $3-T aid package through the House last week. The Senate, under Leader McConnell, says there is no urgency to act, and Senators are expected to reconsider more aid in June.

The difference in approach and priorities between Democrats and Republicans reflects the partisan split that is defining both parties before the 2020 Election.

Have a healthy Memorial Day weekend, Keep the Faith!

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Paul Ebeling

Paul A. Ebeling, a polymath, excels, in diverse fields of knowledge Including Pattern Recognition Analysis in Equities, Commodities and Foreign Exchange, and he it the author of "The Red Roadmaster's Technical Report on the US Major Market Indices, a highly regarded, weekly financial market commentary. He is a philosopher, issuing insights on a wide range of subjects to over a million cohorts. An international audience of opinion makers, business leaders, and global organizations recognize Ebeling as an expert.