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The Clark Howard Podcast

9.1.20 Executive order confusion and stimulus package progress; More airlines drop change fees + flying cars

The Clark Howard Podcast

Clark Howard

Investing, Entrepreneurship, Business

4.64.9K Ratings

🗓️ 1 September 2020

⏱️ 36 minutes

🧾️ Download transcript

Summary

Clark talks about how the executive orders are rolling out. And will there be another stimulus package? It's likely. But it's hard to know when Congress will come to an agreement. Delta, Alaska, and American Airlines join United in dropping airline change fees & a flying car was tested successfully in Japan! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I'm so glad you've taken time out of your day to join us here on the Clark Howard Show,

0:11.2

where it's all about you learning ways to keep more of what you have, our websites

0:17.0

Clark.com and ClarkDeals.com.

0:20.9

So we're in kind of a never-never land.

0:23.8

Our current coronavirus relief is the $600 additional unemployment insurance expired

0:31.1

in July and a lot of people out of work are not in a position to pay their normal expenses.

0:41.9

And so the economy has hit a slowdown again.

0:46.6

It's why for the first time in weeks, the Republicans and the Democrats are trying to

0:53.7

reach a new stimulus package.

0:57.0

But and I think they will reach one.

0:59.4

Don't know the size, what it will contain, but I think it's likely that they are going

1:04.7

to cut a deal just because neither party knows the consequences for them in November if

1:11.4

they don't make a deal.

1:14.0

But in the meantime, the president issued an executive order for a few weeks of time of

1:23.0

additional unemployment, cutting the 600 to 300 and money that would be paid through

1:30.0

the month of September.

1:32.5

Well so far, 40 of the 50 states, as of just a few hours ago, were up to 40, have said

1:40.5

that they want to participate, but only six have the things in place with their computer

1:48.2

systems and their processes in order to be able to pay that money.

1:53.5

So what will typically happen for people who have been unemployed during the period covered

1:59.5

by the president's executive order is that people who were eligible but haven't received

2:07.2

the money will likely receive it retroactively once your state is up and running to pay

...

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