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Obama hints at push for unemployment extension

During a joint press conference with German Chancellor Andrea Merkel on Tuesday, President Obama suggested that he would like to explore with Congressional leaders the possibility of extending unemployment benefits again. Some of the steps that we took during the lame duck session, the payroll tax, the extension of unemployment insurance, the investment in — or the tax breaks for business investment in plants and equipment — all those things have helped. And one of the things that I’m going to be interested in exploring with the members of both parties in Congress is how do we continue some of these policies to make sure that we get this recovery up and running in a robust way.

Jul 31, 2020
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During a joint press conferencewith German Chancellor Andrea Merkel on Tuesday, President Obama suggested that he would like to explore with Congressional leaders the possibility of extending unemployment benefits again.
Some of the steps that we took during the lame duck session, the payroll tax, the extension of unemployment insurance, the investment in — or the tax breaks for business investment in plants and equipment — all those things have helped. And one of the things that I’m going to be interested in exploring with the members of both parties in Congress is how do we continue some of these policies to make sure that we get this recovery up and running in a robust way.
Another extension seems highly unlikely despite continuing high unemployment rates. The Republican-led House appears to be unwilling to do another extension unless the cost is offset by budget cuts.
Paolo Reyna

Paolo Reyna

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Paolo Reyna is a writer and storyteller with a wide range of interests. He graduated from New York University with a Bachelor of Arts in Journalism and Media Studies. Paolo enjoys writing about celebrity culture, gaming, visual arts, and events. He has a keen eye for trends in popular culture and an enthusiasm for exploring new ideas. Paolo's writing aims to inform and entertain while providing fresh perspectives on the topics that interest him most. In his free time, he loves to travel, watch films, read books, and socialize with friends.
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