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House to Return to Session; More CARES Act Cash to Come?

May 8, 2020
House to Return to Session; More CARES Act Cash to Come?

Next week Speaker of the House Nance Pelosi plans to have the House return to Washington, D.C., to join the Senate back in session. With the record high unemployment numbers, the balance between economic workforce stimulus and another round of Coronavirus relief seems to be shifting towards one more replenishment of the CARES Act. A potential bone of contention in a fifth economic bill is whether or not the bill should include monies for state and local governments.

The unemployment numbers (see page 1) combined with reports of long lines for food banks is focusing the Washington debate on extending unemployment benefits and at least looking at one more stimulus check to most Americans. Furthermore, the primary unemployment benefit comes from state funding and most states are running short of unemployment money.

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