July 27, 2020 at 04:20PM
Republican plan will reduce weekly unemployment benefit to $200 from $600 – report
Washington Post report
Taking $400/week away from unemployed Americans is undoubtedly going to create strains in consumer spending.
The market wouldn’t like that if it’s the final number but you have to wonder if that’s just the opening salvo and they settle on something like $400 in a deal with Democrats.