'We're nowhere close to a deal': $600 federal unemployment benefit likely to expire on Friday, impacting millions of Americans

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• The $600 weekly federal unemployment benefit will expire on Friday without an agreement between Congress and the Trump administration.
• "We're nowhere close to a deal," Mark Meadows, White House chief of staff, told reporters on Wednesday, The New York Times reported.
• Republicans want to reduce the pandemic-related benefit to $200 a week, but Democrats want the full amount extended through January 2021.
• Visit Business Insider's homepage for more stories.

Democrats and the Trump administration are "nowhere close to a deal" on extending the $600-a-week federal unemployment benefit, White House Chief of Staff Mark Meadows told reporters on Wednesday.

The $600 benefit was passed by Congress in March as part of the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) to help those impacted by the economic fallout from the coronavirus pandemic.

See the rest of the story at Business Insider

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