The number of Americans applying for unemployment benefits rose for the first time in five weeks even though the economy and job market have been recovering briskly from the coronavirus pandemic.
Pelosi was ultimately able to secure yes votes from nine moderate House Democrats for the resolution which expands the social safety net in the U.S. with new federal programs.
States with Republican governors are leading the U.S. economic recovery from the coronavirus pandemic, while those run by Democrats – which tended to impose lengthier and stricter lockdowns on businesses – are faced with significantly higher unemployment rates.
A group of moderate House Democrats rejected Speaker Nancy Pelosi’s attempts to fashion a compromise on the timing of the $1.2 trillion infrastructure package and a broader $3.5 trillion party line spending bill.
Sen. Ted Cruz (R-TX) blocked a middle-of-the-night/early Wednesday morning attempt by Senate Majority Leader Chuck Schumer (D-NY) to pass a revised version of the “For The People” Act.
Higher unemployment checks, not school closures and a lack of child care services, are what is keeping American workers from returning to the workforce and "holding back the recovery," Biden-friendly economist Jason Furman says in new economic analysis.
