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    1. McConnell vows end to enhanced unemployment benefits

      McConnell vows end to enhanced unemployment benefits

      Mitch McConnell promised House Republicans on Wednesday that the beefed up unemployment benefits enacted earlier this spring 'will not be in the next bill.'

      The Senate majority leader told the House GOP minority in an afternoon phone call that he is comfortable waiting to see how the nearly $3 trillion in coronavirus spending previously approved plays out before moving forward on the next relief legislation. And he told them the ultimate end-product won't look anything like House Democrats' $3 trillion package passed last week, according to a person briefed on the call.

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    2. Trade war: China suffers three-month export downturn as Donald Trump’s tariffs bite - POLITICO

      Trade war: China suffers three-month export downturn as Donald Trump’s tariffs bite - POLITICO

      The powerful export machine of China is quickly losing steam amid threats of a full-blown trade war with the United States, an index compiled by Beijing suggests.
      The “new export order” subindex in China’s official purchasing manager index – the first available indicator to gauge China’s export sector’s health every month – fell sharply in August even when only a small portion of Washington’s threatened additional tariffs on Chinese products kicked in, according to the National Bureau of Statistics.

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    3. Date for Medicare's insolvency remains 2030

      Date for Medicare's insolvency remains 2030

      The latest report on the program’s trust fund says it will become insolvent in 2030, the same projection as was issued last year. The conclusion by Medicare’s trustees means that if nothing changes, the trust fund will be able to meet all its financial obligations for another 15 years. The report, released Wednesday, shows that per-beneficiary costs rose by 2.3 percent in 2014, the largest increase in three years.

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    4. California may let undocumented immigrants buy Obamacare

      California may let undocumented immigrants buy Obamacare

      California lawmakers and activists are spearheading a first-in-the-nation plan to let undocumented immigrants buy Obamacare health insurance. Supporters say the California proposal, which would need federal approval and couldn’t start until 2017, is the next logical step in expanding health insurance to a population that was intentionally excluded from the president’s health-care law.

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