New aid plan will provide $ 400 a week as unemployment benefit

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  • President Joe Biden’s New Aid Plan Will Provide $ 400 a Week as Unemployment Benefit
  • With the current $ 300 benefit expiring on March 14, lawmakers are in a race against time to try to pass the package before the previous benefit runs out.
  • If Democrats succeed in passing legislation by simple majority, thanks to the reconciliation budget rule, then aid would end on August 29.

President Joe Biden’s new relief plan will provide $ 400 a week as unemployment benefit.

The $ 1.9 trillion economic stimulus package proposed by President Joe Biden is very broad. It not only includes the long-awaited $ 1,400 check dollars to Americans, but contemplates the extension of unemployment benefits for five more months and an increase in the amount, since the aid would go from $ 300 to $ 400 a week.

This bill has already been approved by the House of Representatives and is currently under discussion in the Senate.

Unemployment benefit is one of the most important points in Biden’s plan, since according to February figures from the Labor Department, about 19 million Americans are benefiting from this help after being unemployed due to the pandemic.

With the current $ 300 benefit expiring on March 14, lawmakers are in a race against time to try to pass Biden’s package before the previous benefit runs out.

If Democrats manage to pass the law by a simple majority, thanks to the conciliation budget rule, then the aid would end on August 29, he said. The opinion. In addition, it would cover unemployment assistance also for self-employed workers and other workers who do not usually qualify for state aid.

New plan: other contemplated unemployment benefits

-Compensation for emergency state unemployment, through which additional weeks are paid to long-term unemployed.

-Recipients could receive the aid for up to 74 weeks, instead of 50. State beneficiaries could receive the aid for up to 48 weeks, instead of 24.

– An additional $ 100 a week for certain freelancers.

What is the plan in the Senate to pass the third check?

The stimulus package continues to advance, but what is the plan in the Senate to pass the third aid check?

Last week, the $ 1.9 trillion aid plan for Biden It passed into the hands of the Senate, after it was approved in the House of Representatives. Now it’s the turn of Chuck Schumer, Senate Majority Leader, to work on whether the legislation is finally passed.

Unfortunately, some of his caucus are not very convinced and also have strong Republican opposition. That is why Schumer is seeking to agree on the changes with the idea of ​​’dodging’ last minute modifications, he reviewed The opinion.

To be sure, the stimulus check has had to go a long legislative route in Congress, so Schumer will not leave the outcome to chance.

“While the president hoped to gain Republican support for the bill, Schumer has worked to ensure he has 50 solid votes,” says an Axios report.

Another point in Schumer’s favor was the parliamentary ruling that determined last week that the increase in the minimum wage to $ 15 was unfeasible, at least to introduce it this time since it goes against the “Byrd rule.” This will be less than arguing with those who opposed it.

However, he has been asking the rest of the senators to send their proposals or modifications to work on it. “They have some ideas and we are going to review them,” the New York senator would have said.

The media report added that “Schumer [se] has been meeting privately with members [de la bancada] to get your comments on the legislation and make sure they are included in the writing ”of the document.

This work must be done quickly as the relief plan is expected to be approved by March 14, just as the unemployment benefits currently benefiting millions of Americans expire.

House of Representatives approves Biden’s $ 1.9 trillion aid plan

In a lengthy vote, the House of Representatives approved President Joe Biden’s relief plan early Saturday morning. Now it will be evaluated in the Senate.

The House of Representatives approved the plan minutes later at 02:00 on Saturday (07:00 GMT), the Efe news agency detailed.

On Friday night, the House of Representative had set out to vote on the aid bill for coronavirus of 1.9 trillion dollars proposed by President Biden and that includes checks for $ 1,400 dollars for Americans. The representatives’ response was favorable to Democratic aspirations.

Biden’s proposal to inject cash into people, companies, states and cities hit by COVID-19 was approved with the almost unanimous “yes” of his party, by 219 votes in favor and 212 against, the agency reported. AP news.

After the House of Representatives approved the plan, it will now go to the Senate, where Democrats appear hell-bent on trying to revive their minimum wage proposal and where there could be disputes over state aid and other issues, AP added.

Democrats said, according to the AP, that the faltering economy and half a million lost American lives call for swift and decisive action, and that GOP lawmakers are out of step with a population that polls show would mostly support the bill.

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Filed as: New aid plan will provide $ 400 a week as unemployment benefit

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