Kudlow: Trump administration weighing back to work bonus for unemployed people - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

A top Trump economic advisor says the White House is considering offering 'back to work' cash bonuses for unemployed Americans

Kudlow said the Trump administration is weighing offering unemployed people a cash bonus for returning to work.The remarks come as Republicans begin seeking alternatives to the $3 trillion spending package Democrats passed in the House.National Economic Council Director Larry Kudlow said the Trump administration is weighing offering a "back to work" cash bonus to encourage unemployed Americans to return to their old posts or seek out new ones..

"The trouble with the $600 plus-up, and maybe we needed it in that emergency period, but frankly it's a major disincentive to go back to work and we don't want that," Kudlow said, and predicted the beefed-up benefits wouldn't be included in the next federal legislation. He didn't offer a specific figure for a possible cash bonus for unemployed people. Kudlow expressed optimism about the state of the economy,"These signs are showing a lot more glimmers of hope and growth and the signs seem to be mounting," he said.

Kudlow's remarks come as Republicans start seeking to chart an alternative plan to the proposed $3 trillion coronavirus relief package Democrats passed in the House. A chasm still remains between both parties over future legislation as Republicans seek to protect businesses from coronavirus-related lawsuits and Democrats press for aid for states and jobless people.

 

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

😢Just a few reasons why we need a online learning platform that works❤ (OpenLearning) ASX STOCK:OLL Is the best of all the rest, Please help support in some way for our👩‍💻❤👨‍💻

How business start up capital for those whose business may not be there to return to? Interesting to see how these loan programs work out. Thinking back to TARP and housing bubble days.

Is there still a shortage on swabs? How can you test without these swabs? Holding back on true numbers and tracking this pandemic.

Don't be this stupid. Please.

I’ve heard some people are making more out of work than working. This applies to low wage jobs. Do you really think that category is in a rush to return to work?

🇨🇳 To late now for new consolidation USA 🇺🇸, and rest of the World. Finish missions.

UC workers were given $600 on top of what they are collecting. You want cash bonus to return to work. This is up to the companies to reopen. Companies need PPE, testing and follow CDC guidelines to open safely. Lives are priority! Make sure companies have everything they need!

Or give them the unemployment benefits either way to double dip.

Hard to spend that when you are on a ventilator.

Cool. Just give to everyone. It’ll help those businesses get customers and stay open.

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 CA

Canada Canada Latest News, Canada Canada Headlines

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

Inside the Boeing Business Jet 787 Dreamliner's most luxurious designs - 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. 1929 much? GTFOOH
Source: BusinessInsider - 🏆 729. / 51 Read more »

Kevin Hassett: US 'human capital stock' ready to get back to 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. Heartwarming. lol 😂 The sad part is that you didn't know you were just that, nothing more!
Source: BusinessInsider - 🏆 729. / 51 Read more »

Scientist: Johnson's backing for Cummings 'means more people will die' - 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. Get 🌞 Compelling evidence that Vitamin D deficiency is a major underlying cause of the severity and mortality of COVID-19. Vit D deficiency also linked to Kawasaki disease in children. Effect on prostate & testosterone too. Scientific thoughts, an action that produced a reaction. Bullshit.
Source: BusinessInsider - 🏆 729. / 51 Read more »

The Internet of Medical Things report - Business Insider - 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 »

California beaches back in business: People 'don’t want to be trapped at home'On Memorial Day weekend, California beaches draw crowds, but officials say there have been no major problems so far. Wantta, wantta, wantta... Sad. Anti-intellectualism is killing American exceptionalism.
Source: latimes - 🏆 11. / 82 Read more »