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Covid Relief Bill Stalls in Fight Over Unemployment Benefits

Senate Democrat’s push to pass President Joe Biden’s $1.9 trillion Covid relief bill stalled out on Friday, leaving party leaders scrambling to ensure that they’d have the votes needed for passage. The uncertainty centered on whether Sen. Joe Manchin (D-WV), a key centrist, would support a last-minute Democratic agreement to change to the enhanced unemployment benefits provided in the bill or would instead back a Republican alternative. The question led to an hours-long delay that left the fate of the entire package in doubt, raising questions about Democrats’ ability to enact legislation in an evenly divided Senate and with the party split between moderates and progressives. The unemployment insurance question: Democrats reportedly had reached a deal Friday to scale back the supplemental federal unemployment payments provided by the aid package in response to concerns from moderates. Under the deal, the extra weekly payments would be lowered from $400 back

Senate stalls on Biden s $1 9 trillion COVID aid bill over jobless benefits fight

Senate stalls on Biden s $1.9 trillion COVID aid bill over jobless benefits fight By Richard Cowan and Makini Brice Reuters WASHINGTON (Reuters) - U.S. Senate Democrats effort to advance President Joe Biden s $1.9 trillion COVID-19 aid bill stalled on Friday as senators jousted over how long to extend enhanced unemployment benefits and how much to offer during the pandemic. After the Senate defeated a last-ditch attempt by some of Biden s fellow Democrats to raise the federal minimum wage, work on his first major legislative package since taking office in January ground to a halt for hours as senators met behind closed doors to find a way forward.

Senate Democrats Agree To Cut Weekly Unemployment Benefits to $300

Senate Democrats Agree To Cut Weekly Unemployment Benefits to $300
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Law professors on if Elizabeth Warren s wealth tax is constitutional

Eric Thayer/Reuters Elizabeth Warren recently introduced a wealth tax on the top 0.05% of American households. The measure could bring in billions in tax revenue, but faces questions over whether it s constitutional. Insider talked to 7 law professors about these concerns, including 5 who signed a letter in its support. Sen. Elizabeth Warren has made it clear: She wants to tax the ultrawealthy. It s a measure that a majority of Americans support, and could bring in billions in tax revenue, but beyond the political will to make it law it faces several legal obstacles. Besides implementation concerns, it might not be allowed under the Constitution.

5 law professors who co-signed Elizabeth Warren s wealth-tax bill explain why they support its constitutionality

Critics say Elizabeth Warren s wealth tax plan breaks the law. They re wrong, according to multiple law professors. insider@insider.com (Juliana Kaplan) Elizabeth Warren recently introduced a wealth tax on the top 0.05% of American households. The measure could bring in billions in tax revenue, but faces questions over whether it s constitutional. Insider talked to 7 law professors about these concerns, including 5 who signed a letter in its support. Popular Searches It s a measure that a majority of Americans support, and could bring in billions in tax revenue, but beyond the political will to make it law it faces several legal obstacles. Besides implementation concerns, it might not be allowed under the Constitution.

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