Republicans want to reduce a $600 enhanced unemployment benefit in the next coronavirus relief package. The proposal could leave families with billions of dollars less to spend to bolster the economy
More than 30 million people are receiving unemployment benefits and new applications for jobless aid have started to rise again. But Republicans want to reduce a $600 enhanced unemployment benefit in the next coronavirus relief package, a proposal that could leave families with billions of dollars less to spend to bolster the economy.
The Senate GOP’s latest $1 trillion plan calls for the reduction in increased unemployment benefits from $600 to $200 a week for 60 days, or until states are able to provide a 70 percent wage replacement. Some Republican senators are rolling out their own proposals that would reduce the benefits with varying levels of wage replacement.
“Should we have generous unemployment insurance in this crisis? Of course,” McConnell said on the Senate floor Wednesday. “But obviously we should not be taxing the essential workers who’ve kept working so the government can pay their neighbors a higher salary to stay home.”
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
GOP senator urges Congress to pass unemployment benefit replacement by Friday'We cannot allow us to go through a period where there is no employment insurance going out to people. $600 to zero is not a good option,' Ohio Sen. Rob Portman told CNBC.
Weiterlesen »
GOP unemployment plan hurts these groups the mostThe Senate Republican plan to replace the $600 weekly boost to unemployment benefits will hit some groups harder than others.
Weiterlesen »
Republicans want to replace extra $600 unemployment benefit with 70% replacement wages — here’s why that could take months to implementWhat’s next for Americans who may have received their last unemployment-insurance checks that included an extra $600 a week? Senate Republicans unveiled a new stimulus package on Monday -- but it may take months to implement.
Weiterlesen »
Congress nowhere near deal, unemployment benefit to expireSenate Republicans and Democrats traded blows for yet another day as the expiration of a federal enhancement of unemployment benefits that has been utilized by millions was all but certain to expire.
Weiterlesen »
$600 unemployment benefit boosts economy tooThe extra $600 a week that Congress gave to the millions of Americans who lost their jobs due to the coronavirus pandemic didn't only allow them to pay the rent and feed their families. It played a big role in keeping the US economy afloat during the steepest downturn on record.
Weiterlesen »
California could create its own $600 weekly unemployment benefitAssemblyman Phil Ting said there is support for providing up to $600 weekly to jobless Californians
Weiterlesen »