Americans are eagerly awaiting the next coronavirus relief package to replace unemployment benefits that expired in July. Democrats have made extending the $600-per-week federal unemployment benefits a top priority , while the Trump administration has favored payroll tax cuts . Both parties are also considering direct payments similar to the $1,200-per-adult Recovery Rebates from the CARES Act.
Debate around these policies has centered on work incentives and income stability, especially with respect to Federal Pandemic Unemployment Compensation (FPUC), the program that adds $600 per week to unemployment benefits. Republicans have worried that FPUC discourages work and hampers the economy, while […]
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