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On the Money: Pelosi draws line at $2.2T | Jobless claims dip | Swing-state jobless numbers an issue for Trump

On the Money: Pelosi draws line at $2.2T | Jobless claims dip | Swing-state jobless numbers an issue for Trump
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Happy Thursday and welcome back to On The Money. I’m Naomi Jagoda, filling in for Sylvan Lane.

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Write us with tips, suggestions and news: slane@thehill.com, njagoda@thehill.com and nelis@thehill.com. Follow us on Twitter: @SylvanLane, @NJagoda and @NivElis.

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THE BIG DEAL — Pelosi: 'Hard to see' Democrats supporting less than $2.2T in COVID-19 aid

Speaker Nancy Pelosi (D-Calif.) on Thursday said that she's hopeful the parties will reach an agreement on the next round of coronavirus relief but suggested Democrats aren't prepared to accept anything less than her last offer — $2.2 trillion — on a deal.

"When we go into a negotiation it's about the allocation of the resources," she told reporters in the Capitol. "But it's hard to see how we can go any lower when you only have greater needs."

The comments come as both sides are voicing some optimism that, after weeks of stalled negotiations, a bipartisan deal on an emergency coronavirus bill is possible before the November elections.

Background:

Read more from The Hill’s Mike Lillis here.

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LEADING THE DAY — Initial jobless claims dip to 860,000

Initial jobless claims dipped to a seasonally adjusted 860,000 in the week ending Sept. 12, a decrease of 33,000 from the previous week, a sign of gradual but steady improvement for the economy.

Unadjusted claims fell significantly, dropping 8.8 percent to 790,021.

The Labor Department's weekly report showed that claims the previous week had increased rather than remaining flat, as initially reported.

The report also showed that the total number of people receiving any kind of benefit continued to increase through the end of August, reaching 29.8 million.

The Hill’s Niv Elis has more about the jobless claims data here.

High jobless rates in Florida, Arizona, Pennsylvania point to problem for Trump

Key swing states vital to President Trump’s reelection effort are suffering through unemployment rates higher than the national rate, something that could be a factor in the home stretch of the presidential campaign. 

The unemployment rates in Pennsylvania, Florida and Arizona, three of the tightest contests in the country, stood at 13.7 percent, 11.3 percent and 10.6 percent, respectively, in July, the most recent month recorded. The national jobless rate in July was 10.2 percent, and it fell to 8.4 percent in August.

Niv and Morgan Chalfant take a look here at what these numbers could mean for Trump’s bid to win a second term.

Virtual Event Announcement — Monday, Sept. 21: Ecommerce and the American Small Business

“Online everything” continues to be an essential component of daily life, especially now, as Americans take safety precautions in the ongoing fight against COVID-19. How will the introduction of more small businesses to the digital, global marketplace change the way we buy and sell goods? On Monday, Sept. 21 at 1PM, The Hill Virtually Live discusses steps that can be taken to improve our digital infrastructure, and by extension, our digital economy. Small Business Committee members Rep. Adriano EspaillatAdriano de Jesus Espaillat CabralLawmakers call for small business aid at all levels of government The Hill's Morning Report - Sponsored by Facebook - Washington on edge amid SCOTUS vacancy On the Money: Administration to ban TikTok, WeChat | House moves toward bill to avoid government shutdown | Coronavirus relief bills boosted GDP, CBO says MORE (D-NY) and Rep. Kevin HernKevin HernLawmakers call for small business aid at all levels of government The Hill's Morning Report - Sponsored by Facebook - Washington on edge amid SCOTUS vacancy On the Money: Administration to ban TikTok, WeChat | House moves toward bill to avoid government shutdown | Coronavirus relief bills boosted GDP, CBO says MORE (R-OK) join The Hill's Steve Clemons. RSVP now for event reminders

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