In a letter dated Tuesday, the lawmakers urged the California Democrat and House Majority Leader Steny Hoyer to take up legislation that would reinstate the lapsed $600 per week jobless benefit until the public health emergency ends, then phase it out as state unemployment rates fall.
THREE LIKELY OUTCOMES TO THE STIMULUS NEGOTIATIONS OVER THE NEXT FEW DAYS / WEEKS | CYCLE OF POVERTY
1. 3 POSSIBLE SCENARIOS
How the stimulus negotiations and unemployment benefit extensions are likely to play it
SCENARIO A. Nothing happens until September 30th
SCENARIO B. Something happens this weekend
SCENARIO C. Something happens between this weekend and September 30th
Been waiting all my life, looking for salvation, Like a bird, always flying, always in migration Yearning for that moment, the sense of absolution Always be searching, for a very long duration
I’m changing, growing and feeling new emotion, Growing each day, feeling that slow evolution, Every day with family is a chance at adulation, Learn a new thing, get closer to that solution
THE RAPIDLY CHANGING REALITY OF THE SECOND STIMULUS CHECK | WHITE HOUSE POSITION ON YOUR STATE TAX $
States help educate the nation’s children, build and repair its roads and bridges, provide health coverage to low-income families and their children, and much more. Many of these services are essential to building strong, healthy communities and the nation’s long-term economic vitality.
WHITE HOUSE $400/WEEK UPDATE: 5 STATES APPROVED, 4 SUBMITTED, 10 IN PROCESS FOR UNEMPLOYMENT BENEFIT
The good news is that people are beginning to spend. There’s a lot of need for small businesses. Half of the employment in the U.S. is in small businesses and we need to support them.
The good news is we’re moving forward. The President’s EO on unemployment. We now have many states that are moving through that process. We have, looks like 5 states that have already been approved. We have another 4 states that have submitted and about another 10 states that are in the process. So the good news is, despite Congress not acting because Pelosi and Schumer aren’t willing to sit down and strike a reasonable deal, the President move forward with the EO to help people who are still unemployed.
Mr. Mnuchin also suggested that House Speaker Nancy Pelosi (D., Calif.) might be willing to resume negotiations this week when she reconvenes the chamber to consider legislation prohibiting the U.S. Postal Service from implementing changes that Democrats say could affect the presidential election.
Uunemployment by education, it surged more than 15 points for Americans without a high school degree. It’s falling just 6 points and remains above 15% for Americans with a bachelor’s degree, though, or higher. It rose about 6.5 points in this decline to 6.7% from 8.4. So two very different experiences there, depending upon education level.
Dr. Chhoda analyzes some more comments from Stephen Scalise – United States House of Representatives Minority Whip and representative for Louisiana’s 1st congressional district, serving since 2008 – during today’s interview on Fox Business.
PRESIDENT’S COMMENTS ON UNIVERSAL MAIL-IN VOTING VERSUS ABSENTEE BALLOTS
The post office lost $78 billion over a very short period of time. Think of it over the last 10, 12 years, something like that. $78 billion with a B billion.
When it comes to this continuing desire to get and we’re not talking about enough money to keep the post office running, their revenues have actually been up since the pandemic. She’s been trying to get about $75 billion, and keep in mind, their total budget is about that amount for the entire year.
The President shares his thoughts about the current state of the stimulus negotiations and his desire to have the Democrats come back to DC to resume stimulus talks.
Dr. Chhoda analyzes a brand new document released by FEMA, which answers commonly asked questions about the $400/week payments from the ‘lost wages assistance program’ created as per the executive order signed by the President.
