Millions will lose jobless benefits in days as Covid relief bill hangs in limbo

Personal finance

Volunteers fill cars with food at a drive through food bank.

Aimee Dilger/SOPA Images/LightRocket via Getty Images

Benefits ‘cliff’ is inevitable

President Donald Trump called the relief bill a “disgrace” on Tuesday, throwing his signature into question. Trump called for $2,000 stimulus checks for individuals, more than the current $600, a policy House Republicans rejected Thursday.

Even if the president signs the law before the weekend benefits “cliff,” a gap of at least a week is inevitable for millions, according to state labor officials.

“There will be a delay in benefits for those currently enrolled in federal PUA and PEUC benefit programs,” Jason Moon, a spokesman for the Michigan Unemployment Insurance Agency, said in reference to the expiring programs. “This will only be a disruption and claimants will be made whole once the extensions are fully implemented.”

The loss of aid will immediately push about 5 million workers into poverty, according to a Columbia University study.

Articles You May Like

The top 10 colleges for financial aid in 2026, according to The Princeton Review — and what families actually pay
Synchrony, credit card issuer to Amazon and Walmart, partners with OpenAI for ChatGPT shopping
What Are California’s 200 Billionaires So Afraid Of?
Sea Ray parent Brunswick bets on AI navigation and new revenue streams to help stalling boat sales
Carvana shares are under pressure this week as Mark Walter probe fuels investor jitters

Leave a Reply

Your email address will not be published. Required fields are marked *