GOP Reach Agreement On COVID-19 Relief; $600 Unemployment Boost Becomes 70% 'Wage Replacement'; Pelosi Pops Fuse

With the Trump Treasury sitting on $1.8 trillion and three months to spend it, the White House and Senate Republicans are set to introduce a $1 trillion spending bill on Monday which would be released in stages - angering Democrats who are pushing for an immediate, $3 trillion shotgun blast of stimulus.

Speaking with ABC's "This Week," White House Chief of Staff Mark Meadows said "I see us being able to provide unemployment insurance, maybe a retention credit, to keep people from being displaced or brought back into the workplace, helping with our schools," adding "we can negotiate on the rest of the bill in the weeks to come."

The Trump administration opposes an extension of a $600-a-week enhanced unemployment payment that expired this month, Mnuchin and Meadows said. Instead, White House officials favor a plan to reimburse an individual's lost wages or salary by up to 70%, said Mnuchin and Meadows. -Newsday

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