‘We’re paying people not to work. It’s better than their salaries would get,’ Larry Kudlow said on CNN Sunday.
Photo: mandel ngan/Agence France-Presse/Getty ImagesWASHINGTON—A senior economic adviser to President Trump said Sunday the U.S. needs to stop providing a $600-a-week boost in unemployment benefits instituted in response to the coronavirus pandemic and replace it with a smaller bonus for workers who return to their jobs.
Larry Kudlow, director of the White House National Economic Council, said the additional benefits might be dissuading some Americans from going back to work as businesses reopen across the country.
“We’re paying people not to work. It’s better than their salaries would get,” Mr. Kudlow said on CNN Sunday. “The jobs are coming back and we don’t want to interfere with that process.”
The boost to unemployment benefits, which started flowing to unemployed workers in April, expires at the end of July. Lawmakers are expected to debate another round of legislation responding to the economic fallout from the pandemic in the coming weeks. Democrats want to extend funding for the enhanced unemployment payments.
Other administration officials have previously signaled concerns similar to Mr. Kudlow’s about continuing the current policy, as have Republicans in Congress, which would have to pass a law to extend the program beyond its July 31 expiration date.
“We are not going to remove unemployment benefits. That will still continue,” Mr. Kudlow said. Unemployment benefits are administered and paid out by states, but the federal government is funding the $600 benefit boost as part of emergency legislation adopted to respond to the coronavirus.
As an alternative to the $600-a-week stipend, Mr. Kudlow said the White House was weighing “a reform measure that will still provide some kind of bonus for returning to work.” He didn’t provide details on that proposal but said it “won’t be quite as substantial” as the current unemployment benefit.
Write to Ryan Tracy at ryan.tracy@wsj.com
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Kudlow Urges Replacing Unemployment-Benefit Boost With Return-to-Work ‘Bonus’ - The Wall Street Journal
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