$600 unemployment benefits update: Why is there no extension? What happens next?

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The federal $600-weekly unemployment benefit that was authorized as part of the CARES Act coronavirus relief package in March officially ends today. The federal $600-weekly unemployment benefit that was authorized as part of the CARES Act coronavirus relief package in March officially ends today. Although benefits effectively ended last week for most recipients, the end date on the actual legislation is today, July 31, and lawmakers on Capitol Hill were unable to agree on a new stimulus package that would have extended the benefits. Here’s the latest update: Read Full Story

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This map shows where Americans are most at risk of eviction

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As extra $600 weekly federal unemployment nears its end, paying the rent may become even harder for millions of Americans still out of work due to the coronavirus. Here’s where the problem is most acute. As businesses that closed because of the pandemic begin to reopen, millions of Americans are still unemployed. By the end of July—unless the government acts—they’ll stop getting the extra federal unemployment benefit of $600 a week that came as part of the CARES Act. For as many as 6.7 million renters, that might mean facing eviction. Read Full Story

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Heroes Act 2.0 update: Here’s what’s in the Dems’ new stimulus package, including $1,200 checks

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Not only would most Americans get another $1,200 stimulus check, but the Democrats’ revised bill would also bring back the extra $600 per week in unemployment benefits. Back in May, the Democrat-controlled House of Representatives passed the Heroes Act , a $3 trillion coronavirus relief bill that would have extended the then-current $600 weekly unemployment benefits to Americans until January 2021 and also would have issued another round of $1,200 stimulus checks. Read Full Story

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Biden stimulus update: Now that impeachment is over, where’s my check?

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Extra unemployment benefits expire the second week of March, so Democrats will have to act fast. But votes are crucial. Now that the whole impeachment thing is over, did you think that Congress would buckle down, pass a stimulus package for coronavirus relief, and allow the Treasury to grace your bank account with a $1,400 payment right away? That would be nice, but unfortunately Congress is not in session this week. Read Full Story

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It’s stimulus check 2 week in Congress: Here’s what to expect as lawmakers return

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The U.S. Senate is back in session today after a three-week recess. Here’s what might happen with the next coronavirus stimulus package. If you were hoping to swiftly receive another stimulus check and a renewed $600 weekly unemployment benefit (which ends this week) , don’t count on it: Negotiations are looking bumpy in Washington. Here are some of the latest updates: Read Full Story

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$600 unemployment: If Congress lets it expire, it won’t be pretty, says Chase

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The study found that while aggregate spending of the employed was down by 10% during the initial months of the pandemic, spending by people on the unemployment benefit increased by 10%. The extra $600 per week in unemployment benefits that was part of the COVID-19 CARES Act passed in March 2020 did more than just help the recently unemployed stay afloat. It helped stimulate the economy, too. That’s according to a finding from a study done by the JPMorgan Chase Institute. Read Full Story

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Will I get $300 in extra unemployment this week: Here’s why many payments are delayed

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Four federal programs meant to provide Americans with additional aid during the COVID-19 pandemic are experiencing delays. The American Rescue Plan Act of 2021 was rushed through Congress by Democrats this month, in part so that people living on unemployment benefits wouldn’t suffer a break in federal weekly payments when the previous round of unemployment benefits expired in mid-March. But that’s exactly what’s happening. Here’s the latest update as we head into the weekend: Read Full Story

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Stimulus update: What the election could mean for second checks and extra unemployment

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Americans have been waiting months and months for relief. The presidential race is over, but now the Georgia runoffs loom on the horizon. Election Day has passed and COVID-19 lockdowns are returning. Millions of Americans are still desperately awaiting some kind of aid in the form of stimulus checks or expanded federal unemployment, like the kind that was passed with the CARES Act back in March but has since expired . Here’s the latest on what’s happening in Washington with the long-promised congressional bill for coronavirus relief: Read Full Story

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Second stimulus check and unemployment update: What’s next with Congress going on vacation?

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Congress and the White House are dropping the ball on the next stimulus package. Here’s what that means for unemployment and direct payments. The $600 weekly extra unemployment benefit ended last week, and the Paycheck Protection Program for small businesses expires this weekend. Also, there is no second stimulus check in sight. What aid does Congress have in store for desperate Americans and businesses that are still suffering amid the coronavirus pandemic ? Nothing. Congress begins vacation at the end of the day. Read Full Story

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