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.
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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?
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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.
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