Roundup: U S weekly jobless claims drop for first time in three weeks - Xinhua xinhuanet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from xinhuanet.com Daily Mail and Mail on Sunday newspapers.
To see a section-by-section summary of the coronavirus provisions, click here.
To see a section-by-section summary of the authorizing provisions, click here.
$166 billion for a second round of stimulus checks set at $600 per individual who qualified for the $1,200 checks the first time. $600 will be available per child for a family. The income phaseout will be similar to the first round from $75,000 to $99,000 for individuals.
$120 for unemployment insurance. There will be $300 in weekly enhanced UI benefits for 11 weeks. Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Compensation (PEUC), which extends unemployment benefits for up to 13 weeks, will also both be extended 11 weeks after it was set to expire December 26th.
Sen Dick Durbin: No direct funding to state, local governments in relief bill qctimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from qctimes.com Daily Mail and Mail on Sunday newspapers.
Thu, 17 Dec 2020 00:00 UTC
Do you feel like another major crisis could erupt at any moment? If so, you are certainly not alone. Here in 2020, it has just been one thing after another, and we have come to expect the unexpected. Right now, so many people that I am hearing from are anticipating that more big trouble is just around the corner, but as we wait for the other shoe to drop , economic conditions all over the United States continue to rapidly deteriorate. For example, on Thursday we learned that the number of initial claims for unemployment benefits last week was the highest in four months.
The Oregon Employment Department is pleased that Congress has passed an extension of federal benefit programs, including Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Compensation (PEUC). Without an extension of PUA or PEUC, approximately 70,000 Oregonians would have lost a vital safety net after Dec. 26. We are glad Oregonians no longer have to worry about an abrupt end to this critical financial support.
We are moving quickly to make changes and implement the federal relief programs recently passed. Right now, we are waiting to receive rules and instructions from the U.S. Department of Labor. The holidays may impact how quickly the U.S. Dept. of Labor gets guidance to us; however, we will work through the holidays and do what we can to make programmatic changes and get benefits out the door as quickly as possible.