"Exciting, breaking news this morning! A new bill has been released that has bipartisan agreement and included in it is an extension of FPUC enhanced unemployment benefits. AND it is more generous!"
About the video:
"Unemployment $600 & $450 per week FPUC updatw (Breaking news! Proposal)
This morning the problem solvers caucus released a new bill. If you haven’t heard of them, they are a group of 50 members of congress evenly split from both parties that work to achieve bipartisan agreement cooperation on key policy issues. Well they have been working together behind the scenes without political leaders Nancy Pelosi and Mitch McConnel and have released a new bill that has a lot of support and which very well could be our solution to a stimulus package and very much needed provisions.
1.5 trillion-dollar bill but it is scalable to as-needed for the pandemic, so if things improve it scales down but if the pandemic doesn’t improve and we need stimulus for longer it scales out to larger amount of provisions. I will cover the provisions in this bill throughout the day, we don’t have everything quite yet but I will share with you the details that I know and I will share more later as it comes out.
The enhanced unemployment benefit is another round of FPUC starting retroactively from when FPUC expired back in July. AND the temporary LWA benefits you received from President Donald Trumps executive memorandum are not subtracted from this proposed FPUC extension this is on top of that!
According to this bill you will receive $450 per week for 8 weeks. After that you will receive $600 per week of wage replacement for 5 weeks. I can’t confirm this, but I believe “wage replacement” would mean perhaps you could receive up to $600 per week based upon how much your previous wages were while working. And as I mentioned this is scalable with automatic triggers potentially extending out benefits even further if the pandemic doesn’t improve. This is what I have thus far, but more details to come.
As updates come out, I will be sure to share.
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