Insurance

Trump's $400 weekly boost to unemployment insurance won't increase benefits for jobless Americans anytime soon

1 month ago   |   By

JIM WATSON/AFP via Getty Images
President Donald Trump signed an executive action on Saturday to enact a $400 weekly boost to state unemployment benefits, a cut from the $600 level it once was during the coronavirus pandemic.
But a closer look at the text of the order reveals the administration is actually setting up a "lost wages program."
"This is outside the UI system entirely," said Michele Evermore, a national unemployment expert, adding it could take months for overwhelmed states to design.
Governors are being ordered to work with the Federal Emergency Management Agency in order to...
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Trump signs a series of executive actions aiming to give Americans economic relief, including a $400 weekly boost to federal unemployment

Trump signs a series of executive actions aiming to give Americans economic relief, including a $400 weekly boost to federal unemployment

1 month ago   |   By

Susan Walsh/AP
President Donald Trump on Saturday signed multiple executive actions concerning federal unemployment, student loan relief, a payroll tax cut, and evictions.
But it's unclear whether he has the authority to take any of these actions, since Congress holds spending power. A court battle is likely.
The president's announcement comes after Congressional negotiations over upcoming coronavirus relief legislation have stalled with public clashes over the since-expired $600 boost to federal unemployment benefits.
Trump announced a $400 weekly boost to federal unemployment benefits...
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