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Jobs report adds fresh concerns over Monday's unemployment cliff

Jobs report adds fresh concerns over Monday's unemployment cliff
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On The Money: House panel advances portion of relief package that includes $1,400 checks | Study: Boosted jobless benefits did little to discourage unemployed from finding jobs


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THE BIG DEAL House panel advances portion of relief package that includes $1,400 checks: The House Ways and Means Committee on Thursday advanced a key portion of Democrats’ coronavirus relief package that includes stimulus payments of up to $1,400 per person and an expansion of the child tax credit.
The tax-focused portion of the bill that the Ways and Means Committee advanced on Thursday contains some of the provisions in the bill that have received the most attention from lawmakers and members of the public.
The measure proposes direct payments of up to $1,400 per person, including adult dependents such as college students and elderly parents, who were not eligible for the first two rounds of payments. ....

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