Senate Republicans, White House seek to reduce weekly unemployment benefit from $600 to $200

[swag]

Last edited Mon Jul 27, 2020, 01:11 PM - Edit history (1)

Source: Washington Post

By
Erica Werner,
Jeff Stein and
Seung Min Kim

Senate Republicans will propose cutting weekly emergency unemployment benefits from $600 to $200 until states can bring a more complicated program online, according to two people familiar with the plan granted anonymity to share details that had not yet been released.

The proposal will come as part of a broader $1 trillion stimulus bill aimed at dealing with the economic fallout caused by the coronavirus. Republicans plan to release later on Monday and that they hope to use during negotiations with Democrats. The $600 weekly jobless benefit expires in a few days, and House Democrats have proposed extending it until January because the unemployment rate remains very high.

Senate Republicans want to reduce the $600 payment to $200 until states can implement a new approach that would pay workers 70 percent of the income they collected before they lost their jobs. The states are supposed to phase in the new formula within two months.

The Republican package will also propose cutting the current $600-per-week increase to $200-per-week as states implement the transition to the new wage replacement mechanism, these people said, as many state unemployment systems are expected to have difficulty implementing the more targeted program.

Read more: Link to sohttps://www.washingtonpost.com/us-policy/2020/07/27/senate-stimulus-coronavirus/

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New link:

https://www.washingtonpost.com/us-policy/2020/07/27/senate-stimulus-coronavirus/

[stopbush]

1. That's a non-starter with Pelosi. Try again, assholes.

[Evolve Dammit]

2. That ain't gonna cut it.

[johnnyfins]

3. They don't really give a shit about the extra UI money

They want the liability protections most of all. All of their friends in business are prolly beating down the door for that part. Looks like the added UI money will be between $300 and $400. It's like a Pawn Stars negotiation.

[droidamus2]

6. Democrats better hope not

If the Democrats give them liability coverage and also reduced unemployment coverage that is going to hurt. The leadership may think that Fat Donnie is bad enough that they can get away with fully buckling in one provision and partially buckling in the other. At the very least if this is what we get and the Democrats win back the Presidency and the Senate we should push for leadership changes that puts people in power that know how to play hardball when it comes to negotiations. I am real tired of hearing the excuse of 'we tried but this was all we could get'.

[forthemiddle]

9. I agree

In the end, it is a negotiation. Until at least January (If we take the Senate), we have to deal, or we will get nothing (and vice versa).

So Speaker Pelosi can either meet them 1/2 way, or we don't get another relief package, and a whole lot of people will be hurting.

We were never going to get all $600.00, but I think $300.00 - $400.00 is better than nothing, and maybe Biden can campaign on raising it back up, if it's still needed come January 20th, 2021!

[johnnyfins]

16. The simple reality is this:

If the extra UI money is cut drastically, or completely, there is going to be economic hardship like we haven't seen. It doesnt just affect the unemployed, either.

[JCMach1]

4. Sen. Pelosi this better be DOA

People can't wait two months.

[bucolic_frolic]

5. These COVID bills are the largest wealth transfer up the income scale ever

[duforsure]

7. It looks to me trump and Moscow Mitch are trying to put this country

Into a depression, and to starve the American people back to work while a deadly pandemic is ravaging the country. Is trump wanting a depression for profit?

[Ohiogal]

8. Keep the $600 benefit

For two more months, or until the new state systems are in place. What’s so hard about that.

[durablend]

10. Because teh proles be profiting then!

Simply cannot have that

[Polybius]

11. Hopefully this is just a bad starting point negotiating tactic

I'm desperate for cash, so I'll settle for $400 a week. $200 a week won't cut it.

[Betty88]

12. I know different states have different rules

for unemployment. In NY, back in my day anyway, it was half your pay up to $420 or about that. Why not make it easy. Pay the people who are out what they made before total. Then no one can cry, oh they are making more, cause god forbid you get a few dollars extra while the world falls apart

[Polybius]

13. For some reason the article was pulled

The link no longer works.

[swag]

15. Sorry, it was just a pasting error on my part.

Should be corrected now.

Thank you!