Washington Post reporter Jeffrey Stein broke down the Senate GOP’s coronavirus relief bill in an interview on Hill.TV Tuesday.
Stein, a White House economics reporter, said the Republican bill seeks to adjust unemployment funding to a wage replacement system, which would give applicants 70 percent of their prior earnings before they lost their job instead of a flat $600 per week unemployment boost.
“Not only are they proposing a dramatic cut to unemployment insurance, they’re also proposing a massive revamp of the unemployment system,” he said.
To watch the full interview, click here.
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