Republicans Weigh Interim Unemployment Aid Extension

“Trump administration officials and Senate Republicans are discussing a short-term extension of unemployment insurance, as lawmakers and the White House appear unlikely to reach a broader stimulus deal before the benefits lapse,” Bloomberg reports.

“The possible side deal would extend funds that were provided to millions of Americans by earlier coronavirus rescue packages… The scope of any extension is unclear.”

Playbook: “If U.I. is extended as a stand-alone, that would remove the big item with a deadline from these talks. What would Democrats’ incentive be to do a short-term deal? Seems dubious that they would have an incentive. This all bolsters our contention from this morning that these talks could easily go to the second week in August.”