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.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Is $600 a Week in Extra Unemployment Aid Deterring People From Seeking Work?Workers who have declined to return to their jobs generally cite a range of factors in their decisions, including lack of child care or concern about health risks
Read more »
'It's a condescension': Pelosi slams White House over deadlock in COVID-19 relief negotiations and $600 unemployment benefitsAfter a bright spot Saturday where both sides agreed progress was made, House Speaker Nancy Pelosi, placed blame on the current impasse in deliberations on President Trump and Republican leadership.
Read more »
$600 Unemployment Checks May Return. Trump, GOP May Be Shifting Stance On It.The $600 expanded unemployment benefit — which has helped keep around 25 million Americans afloat during the pandemic — officially ran out at midnight on Friday.
Read more »