Baller Alert
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
No Result
View All Result
Baller Alert
No Result
View All Result

Extra Unemployment Benefits Could Be Reduced To $300 Weekly

by Precious Gibson
July 24, 2020
Reading Time: 1 min read
0
Unemployment Benefits
Share on FacebookShare on Twitter

Unemployed workers who were forced out of work due to the coronavirus pandemic will begin to receive an extra $200 or $300 a week in unemployment benefits, a huge difference from the current $600-a-week policy that will expire this month.

The prior relief bill took effect in March. This gave out-of-work citizens an extra $600 a week on top of their state payment. However, under the new bill, Americans will still collect additional funds on their unemployment checks, but this would apply to fewer citizens.

Republicans are in support of cutting the funding, claiming that it’s a disincentive to find a job since some workers receive more money than they made from their jobs.

According to a CNBC analysis, the new proposal outlined Thursday by Treasury Secretary Steven Mnuchin indicates that the average person could expect to get $310 a week from an upcoming relief package.

Ernie Tedeschi, an economist at Evercore ISI, says that cutting aid after July would likely hurt Americans and the economy, which has already been hurt by people cutting spending.

“That strikes me as fundamentally unfair, that workers wouldn’t get their full wages for something that was not their fault and was in most cases due to a public health necessity,” Tedeschi said of mandated business closures. “And it seems both economically unnecessary and economically hurtful to the U.S.”

Unemployment Benefits

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on Mastodon (Opens in new window) Mastodon
  • Click to share on Reddit (Opens in new window) Reddit
  • Click to share on X (Opens in new window) X
  • Click to share on WhatsApp (Opens in new window) WhatsApp
  • Click to share on Tumblr (Opens in new window) Tumblr
  • Click to email a link to a friend (Opens in new window) Email
  • Click to share on Pinterest (Opens in new window) Pinterest

Like this:

Like Loading...

Discover more from Baller Alert

Subscribe to get the latest posts sent to your email.

Tags: Unemployment

Related Posts

Trump Sons Raise Eyebrows With New Mobile Phone Company Marketed Toward MAGA
News

Trump Sons Raise Eyebrows With New Mobile Phone Company Marketed Toward MAGA

June 16, 2025

The Trump name is now making eyebrow-raising moves in the mobile phone industry with the launch of a new wireless...

Federal Judge Blocks Trump-Era Ban on Health Grants Tied to LGBTQ and DEI Programs
News

Federal Judge Blocks Trump-Era Ban on Health Grants Tied to LGBTQ and DEI Programs

June 16, 2025

A federal judge has officially struck down the Trump administration’s move to cancel federal health grants connected to LGBTQ issues...

Antonio Brown’s Alleged Shooting Victim Breaks Silence: “He Thought He’d Get a Free Kill”
News

Antonio Brown’s Alleged Shooting Victim Breaks Silence: “He Thought He’d Get a Free Kill”

June 16, 2025

Everyone’s heard about Antonio Brown’s attempted murder charge after that chaotic scene outside a celebrity boxing match in Miami. But...

Everyone Get Out of Tehran!” — Trump Issues Urgent Warning Over Iran’s Nuclear Ambitions
News

Everyone Get Out of Tehran!” — Trump Issues Urgent Warning Over Iran’s Nuclear Ambitions

June 16, 2025

Donald Trump is turning up the heat on Iran. On Monday, he took to Truth Social with a dire warning:...

Next Post
David and Tamar

Tamar Braxton's Boyfriend Speaks Out, Says He Will Remain 'By Her Side'

Leave a ReplyCancel reply

Baller News

Subscribe To Our Newsletter

* indicates required

Follow Us

Subscribe to Blog

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

© Copyright 2024, Baller Alert Inc. All Rights Reserved

No Result
View All Result
  • Home
    • News
    • Entertainment
    • The Baller Alert Show
    • Baller Alert Lists
    • Baller Alert Exclusives
    • Let Me Liv
    • Ballerific Music
    • That’s Baller
    • Fashion
    • Metaverse
    • Tech
    • Lifestyle
    • Sports
    • Op-Ed
    • Travel
    • Health
  • EVENTS
  • Videos
  • Shop
  • About
  • Political News
  • en español
%d