Americans who receive an extra $600 in federal unemployment benefits in addition to state benefits may get an extension after the extra $600 ends next month.
Some unemployed Americans receive a windfall of $1,000 a week when they collect an additional $600 in unemployment benefits on top of state benefits.
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The extra $600 was part of the $2.2 trillion stimulus package known as the CARES Act that President Trump signed into law in response to the coronavirus pandemic.
Some lawmakers are considering extending the additional $600 in federal benefits next month, but other say the extra $600 creates "a disincentive to return to work."
There are three proposals on the table for the next round of stimulus funding. Two of the proposals would allow Americans to continue receiving the extra $600 a week.
But one proposal calls for a return-to-work bonus to motivate people to return to work.
Republican Sen. Rob Portman, from Ohio, says extending the $600 weekly benefits past July would be a disincentive to return to work if Americans receive more money than they would if they were working.
The most recent unemployment report shows that 2.5 million Americans went back to work last month -- a sign that economies are rebounding as states reopen.
A second $1,200 stimulus check is on the way to Americans who qualify, President Trump's economic advisor Kevin Hassett said.
Hassett says the federal government will issue a second stimulus check to qualified Americans as the U.S. economy attempts to recover from the coronavirus pandemic.
"I think it's coming sooner rather than later, Hassett told CNN on Friday.
A second round of stimulus checks was included in the House Democrats' $3 trillion relief package. But the bill was dead on arrival on the Senate floor last week.
Hassett cautioned that there was a possibility of double-digit unemployment in November.
"We are getting back to normal," Hassett told CNN.
Treasury Secretary Steven Mnuchin also believes that American people and businesses will need another injection of financial support as the coronavirus pandemic eases.
"I think there is a strong likelihood we will need another bill," Mnuchin said on Thursday. "We're going to step back for a few weeks and think very carefully if we need to spend more money and how we're going to do that."
Nancy Pelosi announced a new $3 trillion stimulus package on Tuesday that contains billions in tax cuts and other cash freebies for the wealthy.
The bill also includes billions for "mandatory" vaccines and mail-in ballots to vote from home in November.
More than 30 million Americans have been let go from their jobs amid the coronavirus shutdown. The stimulus bill will provide up to $6,000 in cash direct to families and a second round of $1,200 checks to individuals -- some of whom are still awaiting the first round of checks.
The House Speaker is accused of "sneaking" tax cuts for the rich into the proposed bill, as well as allowing high-income earners to pawn off part of their state and local tax burden onto lower income workers.
The package includes billions for "mandatory" Covid-19 vaccines and $3.6 billion will go toward helping election officials prepare to count the 200+ million mail-in ballots the Democrats hope to send out.
Additionally, the bill includes a 15% increase for food stamps for illegal immigrants, $200 billion in "hazardous pay" for essential workers, and $175 billion in housing assistance for illegal immigrants and low-income wage earners.
Pelosi responded to criticism from lawmakers who say the new stimulus bill is stuffed with pork for the rich.
"To those who would suggest a pause, I would say the hunger doesn't take a pause, the rent doesn't take a pause," Pelosi said on Monday.
A House vote is expected on Friday. But Senate Republicans say they will not approve the package because they are in no rush to add more trillions to the federal budget deficit.
Nancy Pelosi unveiled a new $3 trillion aid package with massive new spending for city, state and tribal governments impacted by the coronavirus shutdowns.
The new round of stimulus aid called the Heroes Act will include up to $6,000 cash direct to families and $200 billion in "hazard pay" for essential front line workers like medics, police and firefighters.
The package will offer another round of $1,200 checks to individuals who qualify. But 20 million Americans say they still have not received their checks from the IRS since checks went out in April.
The House Speaker announced the new spending bill on Tuesday after meeting with House Democrats. "We must put more money in the pockets of the American people," she said Tuesday afternoon.
Majority Leader Steyn Hoyer said Congress needs to act to approve the new aid package. "This is an unprecedented time in our history," he said.
The House is expected to vote on the new stimulus package on Friday.
But Senate Republicans are not planning to vote on any new stimulus bills until June, after a Memorial Day recess.
The Democrat-controlled House of Representatives approved President Donald Trump's $2 trillion economic stimulus package on Friday, March 27.
The vote came a day after the Senate voted unanimously to approve the legislation. The president is expected to sign the bill quickly.
The package includes $1,200 checks to individuals who earn less than $75,000 a year. Individuals who file as "head of household" will receive $1,200 checks if they earn less than $150,000 a year.
Couples earning up to $150,000 a year will receive $2,400. Families get an additional $500 for each child.
The bill also includes an increase in the maximum unemployment benefit to individuals by $600 a week for four months.
But not all lawmakers were happy with the bill's passage. Rep. Alexandria Ocasio-Cortez lashed out at Republicans for refusing to give $1,200 checks to immigrants who don't have Social Security numbers.
She tweeted on Thursday:
"To clarify, $1200 checks are ONLY going to some w/social sec numbers, NOT immigrants w/ tax IDs (ITINs). Thanks to GOP, these checks will be cut off the backs of *taxpaying immigrants,* who get nothing. Many are essential workers who pay more taxes than Amazon."
AOC's Twitter followers ripped her to shreds.
One Twitter user responded: "Time for them to go home! There's no jobs here for them! Time to put Americans first!!"
To clarify, $1200 checks are ONLY going to some w/social sec numbers, NOT immigrants w/ tax IDs (ITINs).
Thanks to GOP, these checks will be cut off the backs of *taxpaying immigrants,* who get nothing. Many are essential workers who pay more taxes than Amazon.
Millions of Americans who were counting on receiving coronavirus relief checks from the federal government next month are out of luck.
The Democrats delayed President Trump's coronavirus economic stimulus bill in a Senate vote on Sunday night.
The vote came while at least five Republican senators were in self-quarantine after coming in contact with infected colleagues such as Kentucky Senator Rand Paul.
The bill includes relief checks that range from $1,200 to $4,500 to help individuals and small business owners who are financially impacted by the virus.
Corporations and individuals earning over $99,000 in 2018 are not eligible to receive help from the government.
Many Democrats complained that the relief bill did not go far enough to provide healthcare and unemployment aid for Americans.
The Democrats also pushed for food security aid, small business loans and said that three months of unemployment insurance offered was insufficient.
After the vote failed, Senate Majority Leader Mitch McConnell ripped into the Democrats, accusing them of backing out of a partisan agreement after House Speaker Nancy Pelosi and Senate Minority Leader Chuck Schumer intervened.
McConnell claimed Pelosi, who is a multimillionaire, took "a week off" and "poured cold water on the whole process."
He said the Senate will re-vote on the massive $1 trillion stimulus bill on Monday afternoon.
The stock market, tourism and airline industries all suffered huge losses as a result of the virus hysteria.
The Trump administration will also defer payments to the IRS by pushing back the deadline for making income tax payments from April 15 to July 15.
Trump will meet with Congress to seek approval for the package, including checks for $1,000-$4,500 paid directly to all Americans except millionaires and billionaires.
"Americans need cash now," said Treasury Secretary Steven Mnuchin at a White House press briefing on Tuesday. "We want to make sure that Americans get money in their pocket quickly. We're looking at sending checks to Americans immediately.
"We don't need to send people who make $1 million a year checks," Mnuchin said. "We're going to preview that today and we're going to talk about details afterward."
"The president wants to put money in the economy now. If there are small business that can't make payroll, those businesses will cease to exist."
If Congress approves the stimulus package, the checks will be in the mail in April.
Once again the Obama administration is up to no good.
On September 10, the Wihte House announced that the communications director for the NEA (National Endowment for the Arts), Yogi Sergant, would be "reassigned" to another position. The reason:
Yosi Sergant (with Obama's blessings) tried to use a government agency to unduly influence the public and to promote Obama's legislative agenda. All of this came to light because of a phone call placed by Sargent to artists -- including a rep for Russell Simmons -- who were asked to help Obama push his health care agenda. A political no-no.
Everything went well until the White House and the media learned the phone call was secretly taped by one of the participating artists. Yosi's "reassignment" was announced just days after another White House radical, Van Jones, resigned under fire.
You can read the transcript of the phone call and listen to the audio HERE.
After denying any wrongdoing, the White House issued a formal memo for White House staff to let them know that "Government agencies are not supposed to be engaged in political activities."
Gee, you would think the White House staff already knew that rule?
White House spokesman Bill Burton told ABC News, "It is the policy of the administration that grant decisions should be on the merits and that government officials should avoid even creating the incorrect appearance that politics has anything to do with these decisions."
Burton also said that White House officials were "enacting specific steps to make sure such a call never happens again."
Or at least to make sure that no one is secretly recording such a call.
I touched on this subject yesterday, but I will repeat it today for those of you who missed it: Obama's Health Care Reform is not free. In fact, young adults, ages 19 to 26, will be expected to "dilute" the expense of covering older people by buying the coverage whether you want it or not.
Barack Obama has made this clear, but some people aren't listening. So pay attention to the following from the Washington Post:
Drafting young adults into any health-care reform package is crucial to paying for it. As low-cost additions to insurance pools, young adults would help dilute the expense of covering older, sicker people. ...this group could even wind up paying disproportionately hefty premiums -- effectively subsidizing coverage for their parents.
If ObamaCare passes, all of us will be expected to pay for health insurance or incur a penalty of $975. According to the WaPo, paying the premium for ObamaCare, which is expected to cost more than $100 per month, would be more expensive than just paying the penalty.
Understand that even if you don't have a job, you will be forced to pay for something that most of you don't need (right now) because you're young and healthy. But if you don't pay for health insurance, you will be fined a hefty fee.
A scatterbrained ACORN worker in San Bernardino gives prostitution tax evasion tips to a couple posing as a prostitute and pimp (so what else is new?). But as an added bonus, the ACORN worker, who admits to committing every illegal act under the sun, confesses to murdering her husband (yea, right). She sounds just a little grandiose and delusional.
A dozen people with automatic weapons -- two carrying assault rifles -- showed up outside a pro-health care reform rally next to the Veterans of Foreign Wars convention in Arizona where President Obama was speaking, according to the Huffington Post.
HuffPo just posted this video of a man carrying weapons legally outside the event. The man, who is black, said "Because I can do it," when asked why he was armed. He had a pistol on his hip, and an AR-15 (a semi-automatic assault rifle) on a strap over his shoulder. Two police officers stuck real close to him.
After a week of lying and covering up his tracks, a leaked internal White House memo shows that Barack Obama did indeed go behind the backs of Americans to carve out a deal with the big pharmaceutical companies.
This is the same Obama who promised during his campaign to use the power of the government to drive down the costs of drugs to Medicare recipients. According to the memo, Obama agreed to protect the pharmaceutical companies from Congressional efforts to bargain for lower prices for drugs or to import lower priced drugs from Canada. Please read that last sentence again and let it sink in.
In return, the big drug companies agreed to cut $80 billion in projected costs to taxpayers and Medicare recipients over the next 10 years. That's $10 billion per year that the big drug companies don't mind coughing up because they stand to make hundreds of billions more per year from the outrageously high prices of drugs.
Democratic House Representative Lloyd Doggett of Austin, Texas was besieged by constituents outside a grocery store over the weekend. Doggett, who plans to vote for Obama's Universal Health Care Reform, tried to talk with the people who helped put him in office, but he was shouted down by chants of "Just say no!"
As Doggett got into his car to leave, the car crowd surrounded the vehicle and wouldn't allow his driver to get out of the parking lot. All the while the crowd chanted "Just say no!"
Similar events are occurring with frequency outside the offices of Democrats in other cities. Americans are fed up with the Obama administration's attempts to force Socialism down their throats.
One woman held up a sign that read "NO GOVT. COUNSELOR IN MY HOME!" -- alluding to the provision in the health care reform bill that calls for a government counselor to visit patients over 50-years-old and counsel them on "end of life" options (euthanasia) as an alternative to expensive surgery or treatments that could prolong their lives.
It's helpful to note that Democrats like Doggett and their families will not have to give up their insurance coverage to join ObamaCare as Americans will be forced to do.
Barack Obama is rapidly becoming the most hated president in recent history as posters of his likeness covered in clown makeup are popping up all over Los Angeles.
Obama's 'Cash 4 Clunkers' rebate program aims to take your clunker off your hands in exchange for $3,500 - $4,500 cash towards a newer more gas-efficient auto -- as long as your clunker doesn't get 18 miles to the gallon. But here's the twist, the engines in these so-called 'clunkers' must be destroyed on the lot, by the dealer, before the government will pay the dealers.
So what's occurring all around the country is that perfectly good cars that were driven to school, to the grocery store and to doctor's appointments yesterday are being destroyed today.
Here's a video documenting the destruction of a late model Volvo's perfectly good engine. The dealer drains the oil and antifreeze from the Volvo, then a sodium silicate solution is poured into the engine. As the engine is revved, the solution solidifies into glass and the engine seizes up and blows.
As you watch this video, hopefully you're not one of those moms who could use a perfectly good running car to take your kids to school, or to a doctor's appointment. And I hope you don't run a charitable organization that could have used that Volvo as a donation or a tax write off.
If you're thinking this is a great incentive to get junk cars off the road, remember that, as with all government programs, this one also has the potential for abuse.
I hear that used car dealerships which normally sell cars for under $4,500 are now busy destroying the engines on those cars and turning the paperwork in to the government for reimbursement. Don't believe me? Try buying a used car for under $4,500 anywhere in the city.
Just an example of more wastefulness courtesy of the Obama administration that we will end up paying for in the long run.
As MM points out, the Obama administration's ambitious 'Cash for Clunkers' federal rebate program failed after only 3 days.
It wasn't just the fact that the program ran out of money to buy back junk cars in exchange for gas efficient ones in only 3 days -- it's worse than that. The truth is, the Obama administration doesn't have a clue what they're doing.
The cash ran out because there was a woeful lack of planning, budgeting and strategizing on the part of the administration. Once again we get excuses from the White House as to why their bills or programs just don't work:
The Obama administration is attempting to use the fact that the program was popular with consumers as evidence that it was a “success,” but that only serves as evidence of government incompetence. Unfortunately for Obama & Company, many people are aware that sometimes “too successful” is far more expensive than “didn’t work at all.” READ MORE...
So add the 'Cash for Clunkers' program to the growing heap of failures for the Obama administration. And then try to imagine what ObamaCare will be like if it passes.
A car dealer responds to this post after the break...Read more »
There's no chance that Barack Obama's universal health care initiative will get the votes needed to pass any time soon. But in the event that the bill does (by some miracle) make it through Congress, here's who ObamaCare will hurt the most:
Your elderly relatives:
Anyone over 65 in need of life-saving surgery will be offered the euthanasia option instead
The disabled and infirmed:
White House Chief of Staff Rahm Emanuele's brother, Dr. Ezekiel Emanuel, is a "top health advisor" to Obama and holds two key positions within the Obama administration. Dr. Emanuel thinks doctors take the Hippocratic Oath too seriously in upholding their duty to care for the elderly and disabled with little regard to the cost. Dr. Emanuel believes that "communitarianism" should dictate who gets treatment as a means of cutting costs.
He believes medical care should be reserved for the non-disabled and those who have a better chance of recovering to become productive citizens. For instance, patients with dementia (people who the Obama administration refers to as "mentally retarded") can not be expected to contribute to society, and therefore would not be approved for any costly surgery. Instead, the government would recommend euthanasia. Go here to read more.