Economy

McConnell says no extension of unemployment benefit

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Senate Majority Leader Mitch McConnell, a Republican from Kentucky, speaks during a news conference following the weekly Senate Republican caucus luncheon in Washington, D.C., U.S., on Tuesday, May 19, 2020.

Stefani Reynolds | Bloomberg | Getty Images

Senate Majority Leader Mitch McConnell said the next coronavirus bill would not extend beefed-up unemployment insurance enacted as the pandemic ravaged the U.S. economy, according to a source familiar with his remarks. 

The Kentucky Republican made the comment Wednesday on a call with House GOP lawmakers as he talked about priorities for the next phase of the outbreak response, Politico first reported. The $600 per week federal unemployment…



Source cnbc.com

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