(ZEROHEDGE) – Senate Democrats have agreed to lower the weekly unemployment benefit from $400 to $300 per week in their COVID-19 stimulus bill, however they extended them through September, according to Politico.
In addition, the first $10,200 of unemployment benefits will be tax-free, according to the Wall Street Journal, citing an aide.
The changes, included in a new amendment readied by Sen. Tom Carper (D-DE), were hatched by a team of moderate and progressive Democrats, and will be presented during the Senate's Friday marathon voting session on amendments. It " also links up the expiration of unemployment benefits with the current lapse of government funding at the end of September," according to the report.
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