The majority leader in the United States Senate, Mitch McConnell, expressed his hard line against the reinforced unemployment benefits promulgated in early spring, while promising that they “will not appear in the next bill,” according to Politico.
The majority leader of the Senate told the GOP minority in the House on an afternoon phone call that he was comfortable waiting to see how the nearly $ 3 trillion in spending for previously approved coronaviruses would play out before moving on to the next backup legislation.
And he told them that the end product would look nothing like the House of Democrats’ $ 3 trillion package spent last week, according to someone familiar with the appeal.
While McConnell admitted that more help may be needed in the coming weeks, he also reiterated his insistence that liability reform be included in the next set of laws to minimize prosecution.
And he said that the weekly increase in unemployment benefits by $ 600 will not continue – a wish he had not made before.
These remarks amount to a hardening of McConnell’s current position and a rejection of the priorities of the House Democrats even before the start of talks.
McConnell seemed unmoved a few hours later and said that Congress should deliberately proceed on the next package.
The news seems positive for the tone of the risk and helps the S&P 500 Futures to recover its losses at the start of the day to follow in the footsteps of Wall Street. That said, the USD / JPY also went from 107.57 to 107.64 at press time.