The $600 weekly enhancement to unemployment benefits ended Friday. Lawmakers are trying to figure out what comes next as millions of Americans brace for a steep drop in aid.
It's likely lawmakers will meet somewhere in the middle, economists said.'Bare bones'
At the onset of the pandemic, lawmakers broached the idea of capping a subsidy, at 100% of lost wages. But antiquated state technology made that an impossibility in short order. One compromise may be a flat amount that transitions to a system replacing perhaps 70%-100% of prior wages over a longer time period like early next year, von Wachter said.
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