Senate cuts deal with Democratic centrists on COVID spending package

By Susan Ferrechio

Published March 6, 2021 3:13am ET

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Senate cuts deal with Democratic centrists on COVID spending package — Sen. Joe Manchin (D-WV), left, walks with Sen. Kyrsten Sinema (D-AZ) on Nov. 16, 2021, on Capitol Hill in Washington. Sinema agreed to sign onto new Democratic legislation that would impose a 1% excise tax on stock buybacks.

Senate Democrats reached a deal with key centrists, including Joe Manchin, on a $1.9 trillion spending packag e to extend enhanced federal unemployment benefits until Sept. 6 but lower them from $400 to $300 per week while making the first $10,600 nontaxable.

The deal will help Democrats pass the spending package without the help of GOP senators, who are expected to oppose it.

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