Some US States are Adopting Further Relief Measures
The Coronavirus pandemic has triggered governments around the world to halt their economies in their tracks. This unrivaled peacetime break to global markets has had a waterfall of negative economic results on populations throughout the globe. Now governments are rushing to respond and give assistance to their citizens as the pandemic unfolds.
<h2>New Stimulus Plan To Give Additional Coronavirus Relief</h2>
There has been a wave of new legislation focused at providing precise economic relief to those who need it most in the United States. In a government that is normally beset with partisan, almost zealot like politics some of the countries’ biggest legislation pieces in history have passed with record-setting time on deliberation.
<h2>The CARES Act Legislation Core to Stimulus System</h2>
The centerpiece of the still-developing economic stimulus program that has been deployed by the federal government. It includes the largest direct payment to American taxpayers in the country’s history with individuals receiving paychecks directly from the IRS for $1,200. The 2.2 trillion dollar piece of legislation comprises several other programs designed to give relief to businesses and individuals. There has even been an expansion to the nations pre-existing unemployment program.
<h2>Active Unemployment Benefits Differ Somewhat by State</h2>
The newly expanded unemployment program gives states an extra $600 per person on top of the state’s already pre-existing benefits. Depending on your job and the state that you live in there is a possibility you could earn more on unemployment right now than you could if you were working.
The <a href=”https://www.cbpp.org/research/economy/policy-basics-how-many-weeks-of-unemployment-compensation-are-available”>Center on Budget and Policy Priorities</a> has more info.