"The great state of Colorado recently announced that they will not be making efforts to reclaim nearly $1.4 million that were accidentally overpaid to 9,000 people. This issue affected 7% of PUA Colorado unemployment claimants, and the average person was overpaid about $150."
About the video:
"Colorado has announced a freeze to reclaim overpaid funds, and will stop withholding unemployment benefits from impacted citizens.
The state’s unemployment office aims to wipe away the remaining overpayment debts in late October.
Cher Roybal Haavind, from the Colorado Department of Labor and Employment explained: “When we looked into monetary eligibility for these claims, it did appear there was confusion.”
I’m just glad that Colorado isn’t seeking to get these funds back, as unemployment claimants across America could certainly use an extra $150 right now.
Meanwhile, one of the most outspoken Shark Tank investors has outlined his plan to help millions of struggling Americans with extended enhanced unemployment benefits until December...of 2021!
Mr. Wonderful, aka Kevin O’Leary, recently stated: “I would like to see a $400 a week support for the next 14 months [for] anybody that’s unemployed.”
He continued: “If you’re unemployed because of the pandemic, we’ll support you with a few hundred dollars a week until you can find a job.”
Michele Evermore, from the National Employment Law Project, agrees with O’Leary, stating: “The $400 [unemployment boost] is less than $600, but if you could get a commitment to keep it in place for 14 months, that gives people [a] real ability to plan.”
She continued: “Given that the average unemployment benefit last year was around $370, I think [$400] would be much better stimulus than a $1,200 check or money that goes to everyone.”
I completely agree with the Shark and the economist, as unemployment benefits that last until 2022 could really help people breathe a little easier during the rest of this turbulent year.
Finally, President Trump has done a complete 180 and is now calling for a new $1.8 trillion stimulus package that likely contains extended enhanced unemployment benefits, as well as support to save thousands of jobs.
While the new stimulus package has yet to be fully detailed, I’m hearing that Federal unemployment benefits in the $400-$500 weekly range will be included, as well as billions of dollars to the airline industry.
These necessary funds will help keep our skies safe and secure, as well as offer the millions of struggling Americans that are currently unemployed with some much needed financial assistance during this extremely tough year.
I just hope that Congress can approve a new stimulus package soon, as so many of you have explained in the comments that you don’t know how much longer you can wait for these necessary disaster relief funds.
If you still have not applied for unemployment benefits in your state, start your weekend on the right foot and get your application in today.
Visit your state’s PUA or UI website, give them your employment history, and let them know that you are out of work due to that thing out there.
For about 30 minutes of your time, you could get a backdated check for more than $10,000!
To all of the gig-workers, self employed, independent contractors, 1099 workers, even side hustlers and part time gigers, don’t miss out on these PUA benefits that were designed just for you.
The deadline for these incredible government benefits is December 31st, so don’t delay in getting your application into your state’s unemployment system before they run out of money!"
If you want to see more Andrew Cartwright's videos, here's his YouTube Channel.