- If the relief bill is not signed before midnight on Saturday, the president may spend $300 in federal unemployment benefits for unemployed workers every week.
- Experts say that state agencies can only distribute benefits within a few weeks after the legislation is enacted.
- This weekend, nearly 14 million Americans are threatened with losing all unemployment assistance.
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President Donald Trump has hinted that he may reject the $900 billion coronavirus rescue plan approved by Congress earlier this week unless lawmakers include a $2,000 stimulus payment. He has not yet signed it into law, and there is little sign of which direction he will go in.
Continued delays also jeopardize the extensive federal assistance program in the legislation. Since millions of Americans should have restarted work on December 26, this may prove expensive for the unemployed millions of Americans.
Michele Evermore, a policy expert at the National Employment Law Project, said that if Trump does not sign a federal relief plan before the end of Saturday, it will effectively cut back for the unemployed. Federal unemployment benefits of $300 a week.
However, she warned that without federal guidance, it is difficult to predict how this suppression will affect other unemployment programs.
Evermore told Insider: “I̵
Experts like Evermore say that a gap of two to three weeks between unemployment benefits is inevitable, because states still need time to recalibrate their computer systems.
The state cannot provide benefits for several weeks before the relief legislation is actually approved. Depending on the timing of the signing, this may cause the labor agency to restart payments in the first week of January as scheduled. The $300 federal grant will still end on March 14th, only extending the validity period by 10 weeks instead of 11 weeks.
Trump’s actions also threaten the economic losses of millions of Americans entering next year. Saturday is the last day for the two federal unemployment programs to allocate their payments. They are pandemic unemployment assistance for show workers and freelancers, and pandemic emergency unemployment compensation for people who have exhausted state benefits.
The pair of procedures established in March under the “CARES Act” covered 14 million people and expired this month. The president’s calendar does not list public events on weekends. The White House did not respond to a request for comment.
The president maintained his position in a tweet on Saturday morning, saying that he wanted to increase stimulus payments and remove irrelevant regulations from the huge tax and spending plan.
-Donald J. Trump (@realDonaldTrump) December 26, 2020
Trump said on Twitter: “I just want the rich to come up with $2,000, not the insignificant $600 in the current bill.” “Also, stop the multi-billion dollar’pork’.”
On Tuesday night, Trump threatened to destroy the 900 billion U.S. dollar coronavirus rescue plan and the accompanying government spending bill in a video posted on Twitter to accelerate its passage. Although the budget request had allocated funds for the Kennedy Center, he attacked provisions in the funding legislation, such as funding for the Kennedy Center.
The developments shocked Congressmen on Capitol Hill. In view of the White House’s public statement, Congressmen originally wanted the President to sign the legislation. Trump has delegated relief negotiations to congressional leaders for several months.
Coronavirus relief legislation includes direct payments of $600, weekly federal unemployment benefits of $300, food stamps and rental assistance funds, and small business assistance. It passed Congress with a bipartisan majority on Monday night, which may pave the way for the veto.
Out of political wrestling, House Democrats quickly tried to take a measure on Thursday to approve a $2,000 economic stimulus. But House Republicans immediately blocked it. Speaker Nancy Pelosi criticized this move by the Republican Party and vowed to introduce legislation again on Monday.
Republican Senator Lindsay Graham (Lindsay Graham), Trump’s highest ally in Congress, suggested that the president maintain a firm stand on Saturday afternoon.
Graham said on Twitter: “After spending some time with President @realDonaldTrump today, I firmly believe that he is more determined than ever to increase the stimulus payment to $2,000 per person and challenge the 230th section Technical liability protection.”