Senate Democrats late Friday reached a compromise agreement among themselves on tax breaks and unemployment benefits in the $1.9 trillion bill, enabling them to move forward with the proposal. Sen. Joe Manchin (D-W.Va.) announced in a statement: “We have reached a compromise that enables the economy to rebound quickly while also protecting those receiving unemployment benefits from being hit with unexpected tax bill next year.” He added, “Those making less than $150,000 and receiving unemployment will be eligible for a $10,200 tax break. Unemployment benefits will be extended through the end of August.” The deal comes after the Senate paused for hours as Democrats tried to get Manchin’s support. White House press secretary Jen Psaki said that President Joe Biden supports the compromise agreement. “It extends supplemental unemployment benefit into September, and helps the vast majority of unemployment insurance recipients avoid unanticipated tax bills,” she announced. “Most importantly, this agreement allows …
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