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Senate Returns from Holiday to Contemplate More Stimulus

May 29, 2020
Senate Returns from Holiday to Contemplate More Stimulus

Next week the U.S. Senate returns and will turn its attention to the next step in coronavirus relief. Two weeks ago the Democrat-controlled House of Representatives passed a $3 trillion package that included an extension of the $600 federal supplemental unemployment insurance (IU) benefit, another round of individual stimulus checks and a program for the government to pay the COBRA health insurance premiums for laid off workers.

Unsurprisingly, this bill was dead on arrival in the Republican-controlled Senate, while President Trump threatened to veto the House bill. Now that another week has passed, and with it another 2 million unemployment claims, the Senate leadership will start to work on a bill and try to get something to the President by July 4.

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