Millions of Americans stand to lose their federal unemployment benefits Saturday if President Donald Trump does not sign the bipartisan coronavirus relief bill.
The bill, which Congress passed with overwhelming bipartisan majorities earlier this week, extends federal unemployment benefits, established in March by the CARES Act, in response to the coronavirus pandemic. If the package is not signed by Saturday at midnight, when the benefits expire, as many as 12 million Americans could face a financial crisis, according to an estimate by The Century Foundation.
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