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Why Republicans’ Boosted Unemployment Proposal Just Isn’t Good Enough


Millions of Americans have been grappling with unemployment since the COVID-19 pandemic took hold, and with the outbreak worsening in recent weeks, it's clear that the recession we've landed in will be with us for a while. That's bad news in light of the fact that the $600 weekly boost to unemployment benefits has just expired, leaving millions of jobless folks at a severe financial disadvantage.

On Monday, Republican lawmakers revealed their proposal for a COVID-19 relief package to follow late March's CARES Act -- the act that allowed for boosted unemployment in the first place. But while this new proposal does include extra money for the jobless, it falls short of providing adequate relief.

Image source: Getty Images.

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Source Fool.com


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