Second Stimulus Unemployment Update: More Than 30% Of Americans Couldn’t Last A Month Without $600 Checks

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Senate Republicans are trying to eliminate the $600 supplement in favor of a 70% wage replacement program.

the extra $600 per week in federal unemployment benefits provided by the CARES Act, 31.5% of Americans with lost income say they could not live without the supplemental checks for more than a month, according to a recentThe survey, which polled nearly 2,000 Americans who have experienced income loss since March, showed that 28% of women and 20% of men have lost their entire income because of the coronavirus pandemic.

Supplemental federal unemployment insurance has become one of the most contentious issues in Washington as lawmakers scramble to put together another coronavirus relief package.

 

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Just print off more. Why have a fiat system if we are going to treat it with limitations like Gold had?

31.5% of Americans with lost income (35% of women and 26% of men) say they could not live without the supplemental checks for more than a month, according to a recent study from The Ascent, the personal finance section of The Motley Fool.

Alright I get we have to help people but at what point are people supposed to start taking responsibility for their own finances. We should not have this many people living pay check to pay check and that's on them.

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