FT: US stimulus delayed as Republican talks fall into disarray

Nancy Pelosi wearing a suit and tie U.S. House Speaker Pelosi speaks at a bill enrolment ceremony for the Great American Outdoors Act

Reuters ERIN SCOTT U.S. House Speaker Pelosi speaks at a bill enrolment ceremony for the Great American Outdoors Act

During a press conference on Friday, House Speaker Nancy Pelosi called out Republicans for failing to deliver a plan to extend unemployment benefits before they expire at the end of the month.

USA congressional Democratic leaders Friday blamed Republicans for their "months-long disarray and delay" as the enhanced federal unemployment benefits millions of Americans rely upon are set to expire in a few days.

"We're working expeditiously", he said. "It is simply unacceptable that Republicans have had this entire time to reach consensus among themselves and continue to flail", the statement said.

Hoyer, a Maryland Democrat, said 'if we're going to ratchen that down, it ought to be over time.' But he also added that, 'it's not a dealbreaker'.

Pressed again, Mrs. Pelosi repeatedly said no.

Senate Majority Leader Mitch McConnell, R-Ky., announced Thursday that Republicans pushed back the release of their coronavirus relief plan until next week. "Hopefully we can come together behind some package we can agree on in the next few weeks".

An administration official granted anonymity to discuss the private talks said the White House viewed the Senate GOP's proposal as too "cumbersome" and the $200 boost as too high.

The Republican variation of a new pandemic economic stimulus offer need to arrive upcoming 7 days, reviews reveal, as Senate GOP leaders and the White Home assert to have arrived at agreement on what they will suggest on Monday.

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Senate Republicans are eyeing a package with a price tag closer to $1 trillion.

Stimulus checks: A direct payment of $1,200 per adult and $500 per dependent is the most likely scenario at this point, but that could change.

The study reports that 38% of people did not file an income tax return for 2018 or 2019 and were not receiving Social Security benefits - 30% of Americans under the age of 65 said they didn't a payment or weren't sure if they got one.

McConnell has said he does not support an extension of the enhanced federal unemployment benefits which have been funneling an additional $600 a week to unemployed workers amid the pandemic.

The Democratic-held House passed that $3tn relief package in May but the Senate is held by Republicans and has not taken it up.

McConnell's emerging CARES Act II, named after the earlier effort, was expected to include a fresh round of direct $1,200 cash payments to Americans, a repeat of the money sent in spring, along with $105 billion to help reopen schools, $25 billion for virus testing and McConnell's top priority of a liability shield to protect businesses, hospitals and others against COVID-19 lawsuits.

More than 4.1m cases have been recorded in the U.S. and more than 145,000 people have died.

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