New GOP bill includes payroll tax deferral, another round of trump checks, reduced UE $

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A new pandemic relief bill being drafted by Senate Republicans and the White House would include a payroll tax 'deferral', as well as another round of direct payments to individual Americans - potentially at the same $1,200 level as the previous stimulus in the Cares Act.

According to the Washington Post, the payroll tax deferral is in lieu of an outright cut - which keeps down the technical cost of the overall bill, but could also be waived entirely by lawmakers at a later date.

Mnuchin, meanwhile, "confirmed Republicans plan to reduce the size of a $600-per-week enhanced unemployment benefit approved in March, which will begin running out for millions of Americans later this week," according to the Post, which notes that Republicans have argued that many workers are making more thanks to the enhanced unemployment benefits than they were while employed.

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