Article 5EZA2 Senate's debate on $1.9tn Covid relief hits delays over unemployment benefits – as it happened

Senate's debate on $1.9tn Covid relief hits delays over unemployment benefits – as it happened

by
Gabrielle Canon (now), Joan E Greve and Martin Bel
from on (#5EZA2)

1.14am GMT

That's it for me tonight! Thanks for reading along.

Here's what happened over the last few hours:

1.12am GMT

As the Senate showdown continues into the night, CNN reports that a deal may be coming soon.

Senator Joe Manchin has reportedly accepted a final agreement on an amendment that will offer an additional $300 a week in unemployment benefits through 6 September.

This agreement also provides tax relief to workers who received unemployment insurance compensation by making the first $10,200 of unemployment benefits non-taxable for the first time to prevent surprise bills for the unemployed at end of year, which was not in the House-passed legislation. This provision applies only to households with incomes under $150k.

Here's how UI unfolded -->

1/ Biden: $400/week through Sept

2/ House Ds: $400/week through August

3/ Senate Deal 1 (early today): $300/week through Sept. + up to $10K in tax forgiveness

4/ Senate Deal 2 w/ Manchin (just now): $300/week thru Sept. 6, + ~$10K tax forgiveness

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