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Wednesday, May 8, 2024

The Rebound: Stimulus Stalemate

Credit: NBC 26 Wisconsin
Duration: 02:39s 0 shares 1 views

The Rebound: Stimulus Stalemate
The Rebound: Stimulus Stalemate
The Rebound: Stimulus Stalemate

SHOWS US WHERECONGRESS IS AT WITHA NEW STIMULUSPLAN AND WHY THEPRESIDENT'SEXECUTIVE ORDERWON'T HELP SOME OFTHOSE WHO NEED ITTHE MOST.Congress is still in astalemate over a newstimulus pkg.This means thoseunemployed have to liveoff their state's normalunemployment benefit.(@10:30)"the national average forunemployment droppedfrom nearly $400 a weekto just $308 a week inJune of this yearbecause so many low-wage workers werelosing their jobs."Andrew Stettner, a seniorfellow at The CenturyFoundation, explains.[graphic]many low wage workerscould be getting far lessthan that average stateweekly benefit.

Forexample, in a state likeHawaii some low- wageworkers could be gettingthe state's minimumpayout of just $5 a weekright now.

In other stateslike Louisiana ($10),Connecticut ($15), NorthCarolina ($15), Nevada($16), Oklahoma ($16)and Delaware ($20.their minimums aren'tmuch higher either.

Infact..graphic 2](@11:04)"All but nine states haveminimum benefits below$100 per week."Here's why that isimportant, especiallynow.(@11:20)"If you don't get morethan $100 inunemployment benefitsfrom the state you can'tget Trump's new loss-wage assistance."[graphic 3]The president'sexecutive order for "LostWage Assistance" is anadditional $300 a weekfrom the federalgovernment for those onunemployment and issupposed to run throughthe end of year (Dec.27th).[end graphic]It is the only stopgap inplace to help thoseunemployed right now.But it doesn't help thosewho may need help themost.That's why many areurging congress toquickly come to anagreement on the nextstimulus bill that helpseveryone struggling.(@9:29)"I think there is the will tocontinue federalunemploymentemployment benefits,Trump's executive order.Trump's executive orderpromises them throughDecember 27th but thereis not enough money tofulfill that promise.

So, Ithink there is the will todo the right thing butthere is a lot getting inthe way."I'm Alicia Nievesreporting.AS FORUNEMPLOYMENT INWISCONSIN... .ACCORDING TO THEDEPARTMENT OFWORKFORCEDEVELOPMENT ....WISCONSIN'SUNEMPLOYMENT RATEDROPPED FROM 8.6%IN JUNE TO 7% INJULY.WHILE WISCONSIN'SJOBLESS RATE FORJULY WAS BELOW THE10.2% NATIONAL RATE.IT WAS MORE THANDOUBLE THE 3.4%FROM A YEAR AGO.STILL TO COME...

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