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Dr. Chhoda explores TWO important things in this video:
1. Why you should prepare for a temporary lapse in the $600/week unemployment benefit
The flat $600 payment was seen as the fastest way to get funds to those in need, and lawmakers had concerns about outdated state unemployment systems being able to process a more targeted program.
2. The framework of future unemployment benefits
We will analyze comments from President Trump, Senate Majority Leader Mitch McConnell, Senator Chuck Schumer from New York, U.S Treasury Secretary Steven Mnuchin, Senator Chuck Grassley, an Iowa Republican who chairs the Senate Finance Committee and Senator Mitt Romney, Republican from Utah.
Managing your Money Crash Course
Unemployment Benefits Crash Course