There are
among congressional Republicans as well. Many don't believe it's needed to boost the economy, but some lawmakers have signaled they are open to the idea if it's a targeted measure.Under the CARES Act, $1,200 stimulus checks were sent to individuals earning under $75,000 a year , plus an extra $500 for dependent children. Payments phased out at $99,000 for single-filers and $198,000 for couples. would give mixed-status families with unauthorized immigrants a $1,200 stimulus check.
But many Republicans argue that amount should either be phased out or lowered so workers don't earn more on unemployment than they were making at their old jobs. would get more money from the government than from their previous employer if the supplement was extended through the end of the year. Unemployment, though, is projected to remain in the double-digits for much of the year, according to the Congressional Budget Office and the Federal Reserve.to extend the federal boost to weekly unemployment payments past July for up to $400, but tie it to the economic health of individual states.Brendan McDermid/Reuters
Several Republicans rolled out proposals for a hiring bonus, arguing it would be effective to get people off unemployment rolls and returned to work.for a $1,200 bonus, which is equivalent to a jobless person collecting two weeks of expanded unemployment benefits.
It won't 😕
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Take a look inside Rihanna's summer Hamptons rental - 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. Thank you rihanna . And people tell others that they are privileged? That's at least two units for the homeless. jakejrh12 Is she Crazy?
Source: BusinessInsider - 🏆 729. / 51 Read more »
Google Pay for Business app plans to add an SMB loan feature in India - 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 »
Airline workers are asking Congress for another $32 billion bailout - 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. So it can go to the CEOs? Get the hell out of here. They made record profits for years and now asking for a bailout. Get real
Source: BusinessInsider - 🏆 729. / 51 Read more »
US colleges reopening this fall are putting elderly faculty in danger - 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. profgalloway Starting to feel like don't care...do people even want their kids in colleges the way they are
Source: BusinessInsider - 🏆 729. / 51 Read more »
China plans to grant investment banking licenses to lenders: CaixinChina's securities regulator plans to grant investment banking licenses to commercial lenders as part of efforts to breed industry behemoths in the face of fiercer foreign competition, business magazine Caixin reported. D,H,M,N key GRAB A COPY OF A GREAT BOOK, 'The Mafia CEOs', written by Edward E. Sunday. ORDER your copy NOW!! Amazon ebooks
Source: Reuters - 🏆 2. / 97 Read more »