Into the End of the $600 Unemployment Check
Into America
Trymaine Lee, MS NOW
4.6 • 3.4K Ratings
🗓️ 6 August 2020
⏱️ 25 minutes
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| 0:00.0 | It's been a week since the White House and Congress allowed federal unemployment benefits |
| 0:10.9 | to expire. |
| 0:12.6 | Democrats want to extend the $600 a week in Jabba's A through January. |
| 0:17.1 | Republicans are divided on what the New Coronavirus relief package should look like, and have proposed |
| 0:22.3 | cutting payments to $200 a week. |
| 0:27.3 | As members of Congress fight it out in Washington, 30 million unemployed Americans are struggling |
| 0:33.1 | to get by. |
| 0:35.6 | That's clear in Stockton, California, a city of around 300,000 people. |
| 0:40.3 | Because of the pandemic, the unemployment rate rose to more than 17% by May, nearly triple |
| 0:46.3 | what it was at the start of the year. |
| 0:49.8 | Many of those people qualified for that weekly $600 check from the federal government, and |
| 0:54.6 | with the median salary in Stockton around $46,000 a year, a lot of people stood to make |
| 1:00.3 | more money on unemployment than they did in their jobs. |
| 1:04.8 | That's true all across the country. |
| 1:06.9 | One early study out of the University of Chicago estimated that two out of every three people |
| 1:12.1 | who qualified for the federal unemployment bump would make more money than their regular |
| 1:16.1 | jobs. |
| 1:17.9 | So when Republicans argue that it's time to reduce those federal benefits, they point to |
| 1:22.5 | all those people and say, well, where are the incentive to work? |
| 1:28.2 | We also intend to continue some temporary federal supplement to unemployment insurance, |
| 1:33.4 | while fixing the obvious craziness of paying people more to remain out of the workforce. |
| 1:41.4 | Small business owners across the country have explained how this dynamic is slowing, |
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