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.

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Source Fool.com