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EMERGING SIGNS OF A POSSIBLE DEAL IN THE UNEMPLOYMENT BENEFITS EXTENSION

Dr. Chhoda reveals some BREAKING NEWS and EMERGING SIGNS of a possible extension in unemployment benefits, including:

1. A prediction from a GOP pollster
2. McSally proposal of $600/week one week extension
3. The BIG meeting taking place right now
4. Big shift in the direction of the white house
5. Confusion between the White House Chief of Staff and the President

Did you know?

The Republican Party was called the “Grand Old Party” back in the 1880s and the acronym stuck!

Today, Senator Martha McSally (R-Ariz.) later attempted to pass a one-week extension to the $600/week in boosted unemployment benefits.

But Schumer objected, deriding the effort as another stunt.

The New York Democrat then proceeded to try again to pass the Heroes Act, which Republicans blocked.

Speaker Nancy Pelosi (D-Calif.) and Schumer will meet at 8 p.m. Thursday evening with White House chief of staff Mark Meadows and Treasury Secretary Steven Mnuchin, for the fourth day in a row.

Trump asked what he’ll be putting on the table tonight to ensure enhanced UI benefits don’t expire tomorrow:

“It’s a great question. I can’t tell you though because that wouldn’t be very smart from a negotiating standpoint.”

President Trump, and now the White House Chief of Staff Mark Meadows are getting more and more amenable to a deal on unemployment benefits extension and the eviction moratorium extension.

Meadows said “We are willing to look at being very generous in areas that typically would not necessarily be associated with”

“This is a Senate-driven process, not a White House-driven process. This is up to Republicans and Democrats in the Senate.”

This recession is already deep. If Congress fails to act, a lot of damage could be permanent, according to a new Washington Post Article by Heather Long.

The recovery looked promising in June, but it has stalled in July. Many economists urge Congress to ‘go big’ on this next relief package.

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Related Videos

Managing your Money Crash Course

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Reference

https://www.washingtonpost.com/business/2020/07/30/economists-favor-big-stimulus/

https://twitter.com/JStein_WaPo

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