TDI.NEWS
  • NFT World
    • NFT Art
    • NFT Trends
    • NFT Projects News
    • NFT Gaming
  • More and more
  • About TDI.NEWS
  • Privacy Policy
No Result
View All Result
TDI.NEWS
  • NFT World
    • NFT Art
    • NFT Trends
    • NFT Projects News
    • NFT Gaming
  • More and more
  • About TDI.NEWS
  • Privacy Policy
No Result
View All Result
TDI.NEWS
No Result
View All Result

Coronavirus $400 unemployment stimulus: Everything to know

RSS News by RSS News
Agosto 14, 2020
in NFT World
176 12
0
Coronavirus $400 unemployment stimulus: Everything to know
399
SHARES
2.3k
VIEWS
Share on FacebookShare on Twitter



With Congress and the White House at an impasse, President Trump recently ordered that people receiving unemployment benefits get an extra $400 a week. The extra funds would be a relief for the more than 15 million jobless Americans who saw a weekly $600 benefit expire at the end of July. But the extra money amid the continuing coronavirus crisis is far from a done deal.

For one thing, California Gov. Gavin Gavin Newsom this week pushed back on the part of the plan that required states to contribute $100 of the benefit, arguing that the state would face “massive” budget cuts as a result.

So what type of unemployment benefits could Californians see — and, crucially, when?

How much?

That extra $400 would almost certainly be $300 for Californians and residents of other states that say they don’t have enough money to contribute $100.

On Tuesday, the Trump administration modified its plan to exempt cash-strapped states from contributing if they already provide at least $100 in state unemployment benefits. Most states already meet that requirement, according to White House economic adviser Larry Kudlow.

That means many people could get $300, half of what they had been receiving through July under the federal CARES Act.

When would the money arrive?

The answer to this is unclear. A central question underpinning Trump’s order is this: Is it legal?

From the moment the executive order arrived, it triggered questions of constitutionality, because the power to collect taxes, spend money and write laws rests with Congress. If the order is challenged in court, it could delay or scuttle the whole idea.

If the legality question were resolved, the order would make payments retroactive to Aug. 1. But it would take weeks or longer for those who qualify for the benefits to see them. States would need to set up new systems to administer the benefits, according to employment experts.

In California, the Employment Development Department, which handles unemployment benefits, has struggled to process and pay out claims due to reported staff shortages and outdated technology.

So where’s Congress in all this?

Lawmakers on Capitol Hill have so far been unable to reach a bipartisan deal on a new stimulus plan. And significant differences remain.

Democrats, who control the House, want a $3-trillion package, although they offered to reduce their proposal by about $1 trillion. Republicans, who control the Senate, want to keep the stimulus around $1 trillion.





Source link

Recent

Rijksmuseum’s groundbreaking slavery exhibition heads to United Nations headquarters in New York

Rijksmuseum’s groundbreaking slavery exhibition heads to United Nations headquarters in New York

Febbraio 4, 2023
Yuga Labs Clear the Waters of its NFT Copyright

Yuga Labs Clear the Waters of its NFT Copyright

Febbraio 4, 2023
the painter making prints from poems, and swapping the Caribbean for the Courtauld

the painter making prints from poems, and swapping the Caribbean for the Courtauld

Febbraio 4, 2023

Categories

  • More and more (3.858)
  • NFT Art (1.221)
  • NFT Gaming (645)
  • NFT Gaming News (2.219)
  • NFT Projects News (2.016)
  • NFT Trends (812)
  • NFT World (4.618)
  • Uncategorized (21.166)

Category

  • More and more
  • NFT Art
  • NFT Gaming
  • NFT Gaming News
  • NFT Projects News
  • NFT Trends
  • NFT World
  • Uncategorized

Advertise

TDI.NEWS  is dedicated to spreading the word about exciting NFT projects!

We have various options available to help all qualifying promo partners get noticed throughout the NFT community.

info@thedailyinvestor.news

The Digital Art, NFT and related Cryptos Magazine

Recent News

Rijksmuseum’s groundbreaking slavery exhibition heads to United Nations headquarters in New York

Rijksmuseum’s groundbreaking slavery exhibition heads to United Nations headquarters in New York

Febbraio 4, 2023
Yuga Labs Clear the Waters of its NFT Copyright

Yuga Labs Clear the Waters of its NFT Copyright

Febbraio 4, 2023

© 2021 TDI.NEWS – Digital News, Art & Magazine

No Result
View All Result
  • NFT World
    • NFT Art
    • NFT Trends
    • NFT Projects News
    • NFT Gaming
  • More and more
  • About TDI.NEWS
  • Privacy Policy

© 2021 TDI.NEWS Newsdigital & Magazine - All rights reserved

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist