$600 federal unemployment benefit to expire on Friday after Democrats block a plan to cut benefits to $200 per week

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• Congress failed to pass legislation to extend federal unemployment benefits on Thursday, The New York Times reported. 
• The $600 weekly federal unemployment benefit will expire on Friday.
• A stop-gap measure that would have extended but slashed the benefits to $200 per week failed in the Senate, as did a broader stimulus bill that contained the $600 per week benefit.
• "We're nowhere close to a deal," Mark Meadows, White House chief of staff, told reporters on Wednesday, The New York Times reported.
• Republicans want to reduce the pandemic-related benefit to $200 a week, but Democrats want the full amount extended through January 2021.
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Congress failed to pass legislation to extend federal unemployment benefit on Thursday, The New York Times reported. 

On Thursday, Senate Democrats blocked a Republican bill that would have extended federal unemployment benefits but cut the $600 a week amount to $200 through the rest of 2020.

See the rest of the story at Business Insider

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