Republicans just proposed a new idea for coronavirus unemployment benefits — and it’s less generous than the $600 federal boost to state payouts
Senate Republicans unveiled a proposal to scale back federal unemployment benefits from $600 to $200 a week for two months, then implementing a 70% wage replacement scheme for unemployed Americans.
The GOP plan released on Monday would give states until October to transition onto the new system, and those struggling could request a two-month waiver afterward.
“It’ll be hard to implement, and it’s a solution in search of a problem,” Michele Evermore, policy analyst at the National Employment Law Project, told Business Insider of the GOP unemployment plan.
She said it could take four to five months instead for state unemployment offices to implement a new wage replacement program given their large backlogs and antiquated technology.
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Senate Republicans are proposing to scale back the $600 federal boost to unemployment benefits to $200 a week for two months, seeking a temporary measure to buy time for state systems to implement a 70% wage replacement program for jobless people.
Sen. Chuck Grassley introduced the plan on the Senate floor, saying it was more beneficial for the unemployed compared to the $25 weekly boost that Democrats implemented during the Great Recession a decade ago.See the rest of the story at Business Insider
The GOP will reportedly seek to reduce coronavirus unemployment benefits to $200 a week until states can implement a 70% wage replacement scheme for jobless peopleMitch McConnell says he hopes to negotiate a stimulus agreement ‘in the next few weeks’ with millions of Americans set to lose their enhanced unemployment benefitsRepublicans are weighing a short-term extension for federal unemployment benefits, which would avoid a lapse in ramped-up payments for over 30 million Americans
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