Trump’s executive action promising an extra $400/week of unemployment benefits would draw from a limited pool of funding, meaning the financial boost might only last a few weeks – and that’s if states can get the program up and running
, have issued notices saying they are awaiting further guidance from DOL on how to implement the program.
“We have a system where we can do 100 percent or we can do 75 percent. They'd pay 25. And it'll depend on the state. And they'll make an application, we'll look at it, and we'll make a decision,” Trump told reporters Monday in New Jersey. “So it may be they'll pay nothing in some instances.” But some cash-strapped state governments have been holding on to a portion of that money, hoping that Congress will provide them with the flexibility to use it for budget gaps caused by declining tax revenues.Governors are already making clear that it won’t be easy to come up with their required portion of the aid, nor to set up a new system in the middle of a pandemic that has already wreaked havoc on state budgets.
“It will definitely be months,” Evermore said. “And that’s in states that are able to pay it out at all.”
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