
There has been a lot of talk of a second stimulus package during the past week, and it looks as though low-income folks could be getting some cash in the near future.
But they might not be the only ones with money on the way.
While Republicans are reportedly resisting calls to extend the $600 unemployment benefit that was part of March’s CARES Act, there are reports that they are favoring a “back-to-work” bonus to incentivize returning to work.
While the White House hasn’t rolled out a plan of its own, Fox Business says there are several out there. According to its report, Ohio Republican Sen. Rob Portman has proposed a plan that would pay workers $450 on top of their regular wages “for several weeks” after returning to work. And, Fox Business said, White House economic advisor Larry Kudlow called that plan “a good idea.”
It also reported that Texas Republican Kevin Brady has proposed $1,200 in payments — turning the $600 unemployment benefit into a back-to-work-bones for two weeks.
The current $600 unemployment benefits are slated to end on July 31.
Fox Business says the economists warn that “without those funds, the U.S. economic recovery could be derailed.”
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July 12, 2020 at 01:10AM
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‘Back-to-work’ bonus could be coming for those heading back to their jobs, and this is what it might look like - PennLive
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