The coronovirus relief given to Americans in the Coronovirus Aid, Relief and Economic Security (CARES) Act has been heavily used, and lawmakers in Congress are still disagreeing over the price tag associated with the second round. The month-long partisan gridlock has led many members of Washington to suspect that a deal would be passed before the November election.
Senate Republicans recently blocked a $ 500 billion stimulus proposal by Democrats who say the amount is far below their initial bid of $ 3 trillion and would not be enough for the economy. Senate Majority Leader Mitch McConnell said in his most pessimistic remarks on Friday, “I wish I could have told you that we were going to get another package, but that is not okay now.”
Benefits of unemployment
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With signs indicating a willingness to move between the two parties, Trump issued an executive memorandum on August 8 giving states the option to participate in the federal Lost Wage Assistance Program, which would add an additional $ 400 to their existing unemployment benefits . To get citizens $ 400, states are required to foot 25 percent of the associated costs. Otherwise, they may choose to pay $ 100 and unemployed residents will receive $ 300 in further assistance.
The rollout under the memo has been slow. Despite the passage of more than a month, only 20 of the 49 states that have come into force have started distributing funds to their citizens.
These states are: Arkansas, Alabama, Arizona, California, Florida, Iowa, Idaho, Louisiana, Missouri, Massachusetts, Montana, Michigan, Minnesota, New Hampshire, New Mexico, North Carolina, Rhode Island, Texas, Tennessee, and Utah.
In a statement Newsweek, The Federal Emergency Management Agency (FEMA) reported that each approved state would receive six weeks in $ 300 supplemental unemployment benefits, which came into force before September 10. So far, $ 30 billion of the $ 44 billion provided in the program has been paid to the states.
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The Centers for Disease Control and Prevention (CDC) has prevented landlords from evicting tenants by the end of this year as there is no vaccine through September. The move is predicted to save one million Americans from eviction as unemployment numbers continue to rise.
Those who are not able to pay the rent on time are required to fill out the declaration, titled “In Evicts in the Halt to Prevent Further Spread of Kovid-19”, and give their landlord or owner of the residential property a Please provide a copy. Not all residents are covered, only individuals who expect to earn less than $ 99,000 in 2020. For couples and partners, the combined figure is less than $ 19,000,000.
It is not yet clear what will happen from 2020 onwards.
Second stimulus check
While both parties in Congress have agreed that a second round of checks is necessary, Republicans dropped a provision for such direct payments in their “Skinny” incentive proposal this week.
Trump has repeatedly voiced his support for the check in recent months – with experts saying another round of direct payments would help his reunification opportunities in November. But they acknowledged that they could not manage payments on their own, only that Congress could pass legislation to fund federal programs.
Most in Capitol Hill agree that another incentive bill will not be passed until later this month, but once an agreement is reached, it will likely be broader and include a provision for checks.