SALES, RENTALS & LAYAWAYS

PROTECTING EVERYTHING THAT HAS EVER BEEN OF VALUE TO YOU

Open 24/7/365

We Have A Life-Time Warranty /
Guarantee On All Products. (Includes Parts And Labor)

No Matter What Congress Does, 12 Million Jobless Americans Will Temporarily Lose Unemployment Benefits

Some 3 million workers in California were notified that their last unemployment checks will go out Dec. 26. No Matter What Congress Does, 12 Million Jobless Americans Will Temporarily Lose Unemployment Benefits

The clock is ticking on Capitol Hill as discussions between Republicans and Democratic lawmakers regarding a second stimulus package are likely to stretch into the weekend. But no matter what actions they take, some 12 million Americans will see a lapse in their unemployment benefits soon.

These Americans include gig workers, independent contractors and self-employed workers, as well as jobless Americans who will exhaust the maximum number of weeks that an individual can receive jobless benefits in their state. In pre-pandemic times, gig workers, freelancers and self-employed workers were ineligible for unemployment benefits.

But through a CARES Act program known as Pandemic Unemployment Assistance, these workers became eligible for the $600 a week in federal unemployment benefits, which expired in July. They were also eligible for state unemployment benefits that were calculated based on the average weekly unemployment benefits in their state.

That’s set to expire on Dec. 31 but because state workforce agencies typically pay out unemployment benefits on Saturday, some 7.3 million Americans who have received benefits through the PUA program will be receiving their last checks on Dec. 26 — just one day after Christmas, according to a report by Andrew Stettner and Elizabeth Pancotti from the liberal-leaning Century Foundation.

Another 4.65 million Americans will also see their benefits drop to zero on the same day. These Americans were approved for an additional 13 weeks of unemployment benefits through another CARES Act program, Pandemic Emergency Unemployment Compensation, after exhausting the number of weeks they were granted by their states.

California’s Employment Development Department alerted some 3 million Californians that they should not expect to receive further benefits after Dec. 26, “unless the U.S. Congress takes further action to extend them.” Alerts sent out to claimants by email, text and mail also informed Californians of food and cash assistance programs.

In New York, some 1.4 million workers will stop receiving unemployment benefits entirely on Dec. 26, the Century Foundation report found.

Unlike stimulus checks, which lawmakers are considering including in a second stimulus package and could be sent out relatively quickly — though at half the size of the checks that went out in April — state workforce agencies need time to recalibrate their backend systems to implement any new changes.

For instance, when President Donald Trump authorized the Federal Emergency Management Agency to use disaster relief funds to pay out $300 extra a week to some unemployed Americans, it took some state workforce agencies months to make the necessary changes to their systems.

However, if Congress were to authorize a second round of stimulus checks, the Treasury Department would essentially just have to “push a button and [the stimulus checks] would be in people’s bank accounts, they’ll have that money before the end of the year,” said Claudia Sahm, a former Federal Reserve economist.

That’s because the Treasury Department, during the first round of stimulus checks, already complied a “master file” of every Americans’ information who was eligible for a check, Sahm said, based on conversations she has had with officials at the department.

A bipartisan stimulus package proposal calls for a 16-week extension of the two CARES Act programs that are set to expire on Dec. 26. It also calls for $300 a week in enhanced unemployment benefits that jobless Americans would receive on top of their state unemployment benefits for 16 weeks, beginning at the end of this month.

Senate Majority Leader Mitch McConnell said Friday that he’s “even more optimistic now than I was last night that a bipartisan, bicameral framework for a major rescue package is very close at hand.”

On Thursday, the Kentucky Republican said it was “highly likely” that lawmakers would have to work over the weekend to finalize a stimulus package.

No Matter What Congress,No Matter What Congress,No Matter What Congress,No Matter What Congress,No Matter What Congress,No Matter What Congress,No Matter What Congress,No Matter What Congress,

 

Related Articles:

Mar-a-Lago Neighbors Tell Trump That They Don’t Want Him To Live There

Trump Strutted Like A Player, Then He Got Played

Meet The Electoral College, America’s Most Important Voters

Supreme Court Rejects Texas Challenge To Biden’s Victory In Presidential Election

Unsold US Hotel Rooms Near 1 Billion As Lodging Crisis Deepens

Hunter Biden Says His Taxes Are Under Investigation

Lawyers Across The Country Urge Bar Associations To Investigate Trump’s Legal Team

Did Rudy Giuliani Fart Twice At A Michigan Election Fraud Hearing?

‘Jim Crow’ Land Ownership Spurs Black Farmers’ Appeals To Biden

Can President Trump Pardon Himself And His Family?

Historians Sue To Force Trump Administration To Preserve Records

Bribes For Presidential Pardons Scheme Investigated by DOJ

Why Withholding Evidence Until They (Giuliani/Trump) Gets To The Supreme Court Is A Stupid Idea

Pro-Trump Group Donor Sues Administration Over Failure To Expose Election Fraud

Giuliani Drops Sidney Powell As Trump ‘Strike Force’ Splits

Joe Biden The Oldest President Ever Will Help Young Americans Confront A Generational Wealth Gap

Biden Asks For Donations To Fund Transition

Governor Cuomo Gets Emmy For ‘Leadership’ During Pandemic. Trump Gets Nada, Zip, Bumpkis, Zelch!!

Fed To Return Lending-Backstop Funds To Treasury As Requested #GotBitcoin

Thriving New York Times, Fox News Ponder A Post-Trump Scenario

Trump Unveils ‘Platinum Plan’ For Black Americans (BS!!!) #GotBitcoin

The Record Economic Boom Is A Mirage! Just More Trump BS! Keep Moving #GotBitcoin

US States Face Biggest Cash Crisis Since The Great Depression (#GotBitcoin?)

Factory Jobs Still Head Offshore Despite Trump Promises Including Commerce Secretary’s Auto Parts Company

Trump Issues Executive Order Making Some Civil Servants Easier To Hire And Fire

Black Homeowners Pay $13,464 More On Their Mortgages, Study Says

Trump Weighs Prospect Of Defeat After Insulting Both Seniors AND Women

Wealthy Nations Defy Trump With Debt Lifeline To Ailing Cuba

Who Is Helmut Norpoth And Why Does He Say Trump Will Win Big?

Companies Raise Inability-To-Pay Claims Amid Pandemic, Justice Department Official Says

Homeland Security To Grant Millions To Groups To Combat White Supremacists And Other Extremists

Prediction (Betting) Market Doubts Trump Will Complete First Term After COVID-19 Diagnosis

Trump Used Facebook To Try And Convince 3.5 Million Black Americans Not To Vote In 2016

Trump’s Tax Revelation Destroys Successful Business Mogul Image

Cost Of Racism: U.S. Economy Lost $16 Trillion Because Of Discrimination, Bank Says

Bloomberg, Others Rack Up $20M To Register 32K Florida Felons Deeming Them “Time Served”

Some Wealthy Americans Are Already Prepping Their Finances For A Joe Biden Presidency — Here’s How

Kamala Harris Woos Black And Latino Voters As Joe Biden’s Running Mate

Biden Appeals To Florida Latinos As Polls Show Trump Gaining

Poll: Should Trump As A Civilian Face Class-Action Lawsuits For Minimizing Severity Of Covid19?

Trump As A Civilian To Face Avalanche Of Lawsuits!!!!

Trumponomics Forces Amazon Drivers To Hang Cellphones From Trees Desperate To Get Gigs

Trump Is Silent While Russian Navy Conducts Biggest Drills Near Alaska Since Soviet Era

Open Letter To Supporters of The Draft-Dodger-In-Chief!

Right-Wing Facebook MEGA-Troll Wall-Of-Shame

Donald Law And Order Trump Encourages People In North Carolina To Vote Twice, Which Is Illegal

Here’s Why No Bankers Go To Jail (#GotBitcoin?)

Cities With Republican Mayors Also Had Protests Which Resulted In Property Damage

Trumponomic’s Furloughs Turn Into Permanent Job Losses (#GotBitcoin?)

Trump White House Commits Multiple Hatch Act Violations In Re-Election Attempt

After Three Years of Attacking L.G.B.T.Q. Rights, Trump Suddenly Tries Outreach

Scrapping Payroll Tax Without Replacement Would Hit Social Security Benefits By 2021 (#GotBitcoin?)

Boomers And Millennials Facing The Effects Of Trumponomics While Still Recovering From Last Recession

Money Funds Waive Charges to Keep Yields From Falling Below Zero (#Bitcoin?)

Millions of US Jobs To Be Lost For Years, IRS Projections Show (#GotBitcoin?)

Kellyanne Conway To Leave White House As Trump Divisiveness Indeed Hits Close To Home

The US National Debt Has Exceeded The Total Value Of The GDP (#GotBitcoin?)

When The Stock Market And Economy Becomes Disconnected (#Bitcoin?)

Donald Trump, Peter Navarro (Trade Adviser) And A $765 Million Loan To Kodak That Deal Blew Up

Steve Bannon Joins Six Other Criminally Charged Ex-Trump Advisers

Trump Calls For Goodyear Boycott Amid Outrage Over ‘MAGA’ Ban

Trump’s Big Donors From 2016 Want Nothing To Do With Him This Year

State Budgets Hit Hard By Trumponomics Create A Drag On U.S. Recovery

Joe Biden-Kamala Harris Ticket Makes Debut After Historic VP Pick

Biden, Obama Release Campaign Video Applauding Their Achievements

Small Businesses Brace For Prolonged Crisis, Short On Cash And Customers (#GotBitcoin?)

Ultimate Resource For Violations of The U.S. Constitution Including “Money” And Coronavirus

Trump Campaign Forced To Use Tele-Rallies As Coronavirus Cases Surge

Roger Stone Uses Racial Slur In Live Radio Interview With Black Host

The Fed Is Setting The Stage For Hyper-Inflation Of The Dollar (#GotBitcoin?)

The Next Phase Of The Retail Apocalypse: Stores Reborn As E-Commerce Warehouses

Famous Economist Mohamed El-Erian Warns Investors To Stay Away From Zombie Companies And Zombie Markets

Republicans Alarmed By Democratic Senate Hopefuls’ Fundraising Haul

American Airlines Plans To Furlough Up To 25,000 Workers This Fall (#GotBitcoin?)

Consumer Appetite For Cars, Homes Bolsters U.S. Economy

Banks Get Ready For Wave of Recession-Led Loan Defaults (#GotBitcoin?)

32% of U.S. Households Missed Their July Housing Payments

What You Need To Know About The New Small-Business Bankruptcy Laws

Police Wrestle With Surge In Crime In U.S. Cities Amid Defunding Efforts

Here’s An Investment That Perfectly Tracks The Economy

Fed, Treasury Disagreements Slowed Start of Main Street Lending Program

When A Texas Oil Boom Goes Busts

Trump Takes Cognitive Test And Can Identify A Rhino vs A Camel

Don’t Know How Much Stimulus Is Needed? Put It On Autopilot, Some Say

Colorado Police Chief Fires Three Officers Over Reenacted Chokehold Placed On Elijah Mcclain

Republicans Give Trump Labor Day Deadline To Turn Things Around. After That, He’s On His Own

Chapter 11 Business Bankruptcies Rose 26% In First Half of 2020

Chaotic Trump Administration Plus Russian Bounty Intelligence Equals Loss Of American Lives

Supreme Court Orders Restructuring of Consumer-Finance Watchdog

Reddit, Acting Against Hate Speech, Bans ‘The_Donald’ Subreddit

Class Action Lawsuit Alleges Visa Subsidiary Violated Privacy And Data Protections Of Venmo, Stripe, Square’s Cash App, Robinhood & More

Private Equity’s Trillion-Dollar Piggy Bank Holds Little For Struggling Companies (#GotBitcoin?)

TikTok Teens Overload Trump’s Online Store With Orders Only To Abandon Shopping Cart

Bill Gates Says Trump’s Lack Of Leadership Is Making Pandemic Picture ‘More Bleak Than I Would Have Expected’

Fed Stress Test Finds U.S. Banks Not Healthy Enough To Withstand “Few Quarters” Economic Downturn

Elizabeth Warren Was Right About Whacky Stockmarket Fundamentals (#GotBitcoin?)

Two Of The Latest High-Profile Trump Resignations

US Banks Have Seen A Record $2 Trillion Surge Of Deposits Since The Coronavirus Crisis Began

Our Facebook Page

Your Questions And Comments Are Greatly Appreciated.

Monty H. & Carolyn A.

Go back

Leave a Reply