Mitch McConnell pledges to scrap $600 boost in unemployment benefits - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 50 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Mitch McConnell pledges to scrap a newly enacted $600 boost in weekly unemployment benefits, calling it a 'crazy policy' allowing people to earn more while they aren't working

McConnell vowed to toss out the newly enacted $600 boost in weekly unemployment checks for laid-off Americans.

The Kentucky Republican said their party would have to "clean up the Democrats' crazy policy that is paying people more to remain unemployed than they would earn if they went back to work." Democrats are pressing to extend those benefits, and it's forming a deep rift among lawmakers fighting to shape the size and scale of the next coronavirus relief package.Sen. Majority Leader Mitch McConnell reportedly pledged to scrap the newly enacted $600 boost in weekly unemployment benefits, calling it an outrageous policy that allows many jobless people to earn more than they did at their old positions.

During a Wednesday call with House Republicans, McConnell said their party would have to "clean up the Democrats' crazy policy that is paying people more to remain unemployed than they would earn if they went back to work." Politico The Kentucky Republican promised the ramped-up unemployment payments would "not be in the next bill."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

funny to hear someone that is always on the take worried about other people getting more lmao

ASX STOCK:$OLL🚀🚀🚀

Nice! Good job Mitch! Let’s get back to work!!! Woot!

Well to be fair...the Congress and Senate both get paid more than they're worth. But everyone else will pay before any of them do.

If McConnell takes away the $600.00 unemployment boost. All of us that voted for realDonaldTrump will revolt and Trump will lose like we did to Romney when he cut Prescription Advantage.

He is completely fine with companies getting trillions for not doing anything other than stock buybacks and executive bonuses while laying off workers. Seems like a lot of money for companies doing nothing.

When you people are hungry, you should head to senatemajldr house with your guns.

It is, I have former employees who made $15 an hour now making $22 / hour on unemployment and they don’t want to work

Sounds like what you’ve been doing for years McCornhole ! Being paid to do nothing !

senatemajldr hey MoscowMitch when you refuse to do your job and address bills sitting on your desk (haven’t forgotten that) should you be getting paid? If so why?

He's been getting paid more for not working for over 20yrs!

If we are going to reopen business and try to rebuild a safe economy, we can’t have federal unemployment incentives that make it counterproductive. It needs to be revised to ensure we can help those truly in need and struggling but not handcuff small biz from bringing back staff

Tells you something about how much people get paid for working while corporations get bailed out..

Luckily for anyone receiving the benefit, a 'pledge' from McConnell is just about worthless.

And he's absolutely right. People should get paid what they earn when they are forced not to work but we shouldn't be creating incentives for people not to want to come back to work.

Corporations need that money

Why would he be against the American people that have lost so much. Who is the real Mitch McConnell Kentucky? $600 measly a week for Americans that lost everything is too much. Trillions for you, peanuts for the constituents.

What? You mean people need to eat when they're not working? How entitled of them to think so!

Yeah go to work when every company CUTTING OFF JOBS! Duhhh

why ? are they making more money than you're getting paid?

Republicans want to end unemployment to force everything to open up & all workers return full scale. Unfortunately with social distancing & people’s fear of getting in large groups, full employment not achievable.

Send me half ya check then 🤡senatemajldr

That money can be going towards big corporations 😡

About time, I know people collecting over 1200 a week in ny with that 600 extra plus an extra 16 weeks on top of 26 weeks and the additional stimulus check

Then make sure they earn enough to survive when they work. Problem solved, kthxbye

The irony of this do-nothing freeloader

Mitch McConnell huh

Huh. First time for me to see him actually do something.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

PHOTOS: Look inside a pre-Revolutionary war mansion in Charleston - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Trump opposes extending $600 boost in unemployment benefits as jobless levels soar - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. I guess he want's millions more homeless to be roaming around for years to come. Enough with the handouts. It’s time for everyone to get back to work. Facts! It’s already extended til august. Ppl are making more money from not working! What sense does that make
Source: BusinessInsider - 🏆 729. / 51 Read more »

COVID-19 causes 'sudden and devastating unemployment' among nannies - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Nannies should be treated like family. Kicking them to the curb is all kinds of rude. Their off-the-books employers can simply keep paying them!!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Employees who turn down old jobs under PPP can lose unemployment aid: Mnuchin - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. It has always been that way.
Source: BusinessInsider - 🏆 729. / 51 Read more »