Republicans wanted to get rid of it….
Then they fell back to $200 a week….
With both the Trump White House guys and Pelosi and Schumer playing hardball?
The addition money benefit has run out…
There will be a extension of the benefit…
It’s holding the economy up a bit….
So far Trump’s only positive poll number IS the economy , even if its weak…
How much and when ?
Until a few days ago, most analysts expected Congress to agree on a new emergency spending bill that would include at least a partial extension of the extra unemployment benefits, perhaps including retroactive payments for the period when the program lapsed.
But negotiations stalled, and in an appearance at his golf club in New Jersey on Friday, President Trump said that if no deal was reached, he would issue an executive order extending the extra benefits in some form. It is unclear whether he has the authority to do so, or how long it will take for states to start paying out the benefits if he does.
For many of the 30 million Americans relying on unemployment benefits, it could already be too late to prevent lasting financial harm. Without the extra $600 a week, which ran out at the end of July, they will need to get by on regular state unemployment benefits, which often total a few hundred dollars a week or less. For many families, that will not be enough to prevent eviction, hunger or mounting debt that will make it harder to climb out of the hole.
Households and the broader economy are particularly vulnerable at this moment. Eviction moratoriums are expiring or have expired in much of the country, although Mr. Trump threatened to bypass Congress to reinstate a partial federal moratorium. The Paycheck Protection Program, which helped thousands of small businesses to retain workers, ends this week.
There are already signs that the economy has slowed down this summer as virus cases have surged in much of the country. On Friday, the Labor Department reported a net gain of 1.8 million jobsin July, a smaller increase than in May or June. Many economists warn that layoffs could begin rising again without more government support. Food banks say they are bracing for a new wave of demand….