This is about Speaker Nancy Pelosi (D-Calif.) and Senate Majority Leader Mitch McConnell (R-Ky.) being unable to reach some sort of agreement.
It is NOT about President Trump who IS for a bill that is more towards what House Democrats with Pelosi wants ….
This is also something that would directly effect the nation’s economy which is taking a beatdown from some of the virus restrictions that increasing going into the winter…
Most states already have good sized holes in their budget due the virus fallout since the beginning of the year….
Twelve million people would lose federal benefits the day after Christmas if Congress does not pass extensions for key unemployment programs, according to a study by The Century Foundation, a progressive think tank.
“Absent congressional action to extend CARES Act benefits, December 26 will mark the end of one of the last lifelines available to millions of Americans in desperate need,” said Andrew Stettner, who co-authored the study with Elizabeth Pancotti.
“It will be a crippling end to one of our darkest years.”
Congress passed a slew of expanded benefits programs in the CARES Act, March’s emergency COVID-19 relief bill. One program, Pandemic Unemployment Assistance, expanded eligibility to the self-employed and gig economy workers, a group that normally is not eligible.
The study released Wednesday estimated that 7.3 million people will be on the program when it expires the last week of December, and that 945,000 people will have run out of the benefit before that point.
Another program, Pandemic Emergency Unemployment Compensation, provided an extension of benefits after the 26 weeks most states offer ran out. If that program expires at year’s end, 4.6 million workers would lose benefits. Another 3.5 million will have already used up the benefit before that point….