Extra Unemployment Benefits Update: Have the Extra $400 Ended?

extra unemployment, unemployment benefits, unemployment 1800, extra benefits, heavy talis shelbourne

Getty The United States Department of Labor Frances Perkins Building.

People who received extra unemployment benefits – in the amount of $400 or $300 weekly, depending on the state – may wonder whether they have ended. The answer is yes.

Extra unemployment benefits have already ended. However, some people still haven’t received the money because it’s retroactive to August 1, and the time frame depends on when your state applied for funding and finished processing it.

The federal government approved six weeks of extra supplemental unemployment checks at the $300 or $400 amounts. The time frame for the extra money was August 1 through September 5, 2020, CNBC reported. Thus people were set to receive $1,800 or $2,400 depending on their state. Most states chose not to give the extra $100; the federal government picked up the tab for the first $300.

“States should plan to make payments to eligible claimants for no more than six weeks from the week ending Aug. 1, 2020,” a spokesperson with the Federal Emergency Management Agency told CNBC.

Here’s what you need to know:


How Your State Stacks Up

when lwa payment, 300 unemployment, unemployment in my state, state comparison lwa, heavy talis shelbourne

GettySeveral states will begin distributing payments on September 20.

Originally, the CARES Act provided a federal supplement of $600 in extra weekly unemployment benefits to qualified workers after the pandemic started. That amount came on top of state benefits.

The $600 supplement expired in July, but President Donald Trump authorized a new $300-per-week federal payment through a presidential memorandum.

In his press conference on extending the benefits in August, Trump used the $400 figure, not $300, but he also made it clear that the federal government would only pick up 75% of that tab.

You can access a tracker to look up your state’s information on the extra unemployment benefits here. You can also see a roundup by state here.

States giving people $400 instead of $300 include Kentucky, Montana and West Virginia.


A New Democratic Plan Would Give People $600 a Week Again

pelosi

GettyU.S. House Speaker Nancy Pelosi.

Will extra unemployment benefits be extended again now that they’ve expired. It’s possible. There’s a Democratic plan on the table to do just that but it needs to get through the Republican-controlled Senate.

The new Democratic plan would give people $600 a week in extra unemployment benefits.

MSN reports that the benefits would run through January. The overall pricetag for the Democratic plan is $2.2 trillion.

It also includes a second round of $1,200 stimulus checks.

The new Democratic plan is called the updated Heroes Act. House Speaker Nancy Pelosi wrote in a letter, “Democrats are unveiling an updated Heroes Act that serves as our proffer to Republicans to come to negotiations to address the health and economic catastrophe in our country. This $2.2 trillion Heroes Act provides the absolutely needed resources to protect lives, livelihoods and the life of our democracy over the coming months. It includes new funding needed to avert catastrophe for schools, small businesses, restaurants, performance spaces, airline workers and others.”

The two sides are still apart when it comes to the overall pricetag of the plan.

The White House has proposed $1.5 trillion as a counter proposal.

“If it starts with a 2, it’s going to be a real problem,” White House Chief of Staff Mark Meadows told Reuters on September 30.

Republicans have expressed opposition to $600 in the past, saying it’s too high, providing people with a reason not to work.

READ NEXT: Joe & Jill Biden

Read More
0
Would love your thoughts, please commentx
()
x