GOP to seek $200 federal unemployment insurance boost, wage replacement scheme - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The GOP will reportedly seek to reduce coronavirus unemployment benefits to $200 a week until states can implement a 70% wage replacement scheme for jobless people

Ting Shen/Xinhua via Getty) (Xinhua/ via Getty Images

The newspaper reported that Republicans want the flat bonus to be in place for two months, the time frame in which they expect state unemployment offices will be able to set up the wage replacement proposal. If implemented, it would distribute a lower amount of federal payments for jobless Americans. The Trump administration and Senate Republicans are quibbling over the next coronavirus stimulus.

Republicans long assailed the $600 federal bonus. They say it disincentivizes people from returning to work since a substantial figure of unemployed people can earn more from the government compared to their previous jobs.

 

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

our tax dollars being held from us to help pay for rent and food yet GOP has ZERO hesitation to provide a tax CUT which put more money in the pockets of the 1%. What the hell is wrong with America you ask? gop is the answer. VoteBlueToSaveAmerica2020

70% of 40hr$8/hr is $896/month before deductions. Rent, utilities, car insurance, household goods not covered under EBT (if you qualify), fortunately there is Medicaid (if you qualify). Pray you have no unexpected expenses like new tires or you need clothes.

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

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.

What we know about the $5.3 Air Force One replacement program - 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 won't extend unemployment because it 'paid people to stay home' - 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. Yeah and then? Idiots. Not until Wall Street starts dropping because people starting getting evicted and no one can buy anything
Source: BusinessInsider - 🏆 729. / 51 Read more »

Why I bought life insurance when I already had coverage from work - 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. In your 20’s buy $1m of 30-40 year term. Make sure your unborn kids have an opportunity for college.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Amazon India expands Flex scheme for part-time delivery drivers - 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. Dr Evil, is that you? Does he think that he is Morgan Freeman? 😌
Source: BusinessInsider - 🏆 729. / 51 Read more »

The new ad fraud scheme that is costing advertisers an estimated $130 million - 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 »