The unemployment benefit that has kept millions afloat during the worst economic crisis in decades officially expires tonight at midnight. Weekly jobless claims continue to rise. Economic forecasters are warning of another slowdown. The coronavirus has resurged across the country.
And the US Senate has adjourned for the weekend.
There’s no deal in sight right now: The dire economic news, the potential for significant long-term damage, the very real deadline – nothing has jarred loose the talks over the next coronavirus relief package. Lawmakers and the Trump administration, people involved in the talks say, are nowhere near a broad deal than they were at the start of the week.
What happens next: The top White House negotiators — Treasury Secretary Steven Mnuchin and White House chief of staff Mark Meadows — and the top Democratic negotiators — Speaker Nancy Pelosi and Senate Democratic Leader Chuck Schumer — are expected to speak by phone today and through the weekend, but at this point no in-person meetings are planned.