Don’t Expect New Stimulus Relief Bill Until August, Top House Republican Says

U.S. House Minority Leader Rep. Kevin McCarthy (R-CA) listens during a weekly news conference at the U.S. Capitol in Washington, on May 7, 2020. Alex Wong/Getty Images

The top House Republican revealed that the forthcoming stimulus package to provide relief during the COVID-19 pandemic will not likely be passed until next month.

It means that a key provision of the CARES Act, the extra $600-per-week in unemployment insurance, will expire before then. Democrats want to keep the provision until early next year, while Republicans want to change the policy to reduce—or eliminate—the sum altogether.