Stimulus Unemployment Running Out
11 more weeks of unemployment benefits the stimulus bill will extend both the pua and peuc programs for 11 weeks as well as top up regular state benefits with an extra 300 in weekly jobless aid.
Stimulus unemployment running out. President elect joe biden released the details of his 1 9 trillion stimulus plan thursday which will include more unemployment checks. These programs could help 12 million americans whose unemployment benefits run out in december. When unemployment checks run out the poverty rate among families who received them rises from 20 percent to about one third in the next six months the researchers found.
Once you run out of weeks to collect benefits through your state s regular unemployment insurance program you become eligible for federal pandemic emergency unemployment compensation peuc a program that stimulus legislation created this year. Without additional stimulus aid people who became unemployed in october november and december 2019 and remained jobless will exhaust all benefits in the fall and early winter this year the cbpp. President trump has threatened to veto any measure with the lower amount.
Congressional republicans blocked an amended package to increase the stimulus from the 600 in the current bill to up to 2 000. But if congress doesn t pass another stimulus package this fall its possible unemployment benefits could run out for millions before they find a new job. Also includes in the package is a third stimulus check a.
If he does not sign the current bill it could spark a federal shutdown at midnight monday. Remains divided over issues such as another round of stimulus checks and additional unemployment. An executive action in august also allowed some unemployed americans to collect as much as 1 800 more depending on their state.