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$400 UNEMPLOYMENT INSURANCE BONUS TO BE EXTENDED

UNEMPLOYMENT INSURANCE BONUS

Here you will find information about unemployment insurance bonus.

This President’s bill integrates the $1,400 per person.

This pandemic economic stimulus package proposed by President Joe Biden included a $400 weekly unemployment insurance bonus.

The President also deems it necessary to make these funds available through September of this year, which is six months in addition to the currently distributed relief program that ends in March.

This proposal was included in the bill that was introduced by the Democratic leaders in Congress, Nancy Pelosi (California), who has been Speaker of the House of Representatives, and Chuck Schumer (New York), the Senate Majority Leader.

President Biden and Senate Democrats are meeting to deepen the path toward passage of the relief plan that was introduced in both chambers as Budget Reconciliation and whose purpose is to secure the necessary votes.

However, it is in the Senate where the President’s bill may face the greatest challenges, because some Democrats, such as Joseph Manchin (West Virginia), have many doubts about passage, which will make it difficult to get the 50 votes needed, plus the support of the Vice President, Kamala Harris.

The $1.9 trillion American Recovery Plan incorporates direct aid of $1,400 per person, as well as broad support for businesses, small businesses, housing, food, and immunization funds.

 

BIDEN AND CONGRESSIONAL DEMOCRATS MOVED FORWARD TOGETHER ON THE STIMULUS PACKAGE WITH A $1,400 CHECK.

The president pushed for his bill that also integrates the $1,400 per person. Senate Democrats are in agreement on the $1.9 trillion stimulus plan which includes a $1,400 per person check.

Also at the meeting was Treasury Secretary Janet Yellen, who agreed that the $600 billion plan proposed by Republicans is “too low” for the economic and health challenges facing the country in the face of the coronavirus.

 

COMMITTEES IN BOTH CHAMBERS ARE REVIEWING THE BILL TO UNIFY IT AND MOVE FORWARD WITH A VOTE ON BOTH FLOORS.

Schumer notes that both Biden and Yellen have emphasized that moving forward with the Republican plan will cause the country to face greater problems from the pandemic.

The president told Republicans, led by Susan Collins (Maine), that he could make modifications to his $1.9 trillion plan, but deemed it barely enough in the face of the pandemic.

Schumer defended the bill as “bipartisan” because several Republicans support it and will continue the process.

 

REPUBLICAN CRITICISM

While Schumer defended the strategy as a bipartisan bill, Senate Minority Leader Mitch McConnell (Ky.) said it is a “partisan” decision.

“The majority will have their motion to proceed…has chosen a totally partisan path…We’ve had a totally partisan start,” McConnell said.

Referring to the Republican caucus meeting with Chairman Biden, but which was unsuccessful, because the Democrats would have their motion to proceed with the budget bill.

He criticized defending it as a bipartisan plan, when his caucus is not on board, of even defending the scaled back bill to give “an early win” to Chairman Biden.

Democrats are going to move forward with the process and if they get the full caucus vote, plus the vote of Vice Chair Kamala Harris, the bill could pass.