A $600-a-week supplement to unemployment benefits leaves millions of Americans without enough cash flow to pay bills in August.
, who are less likely to have built up a savings stockpile to weather the current climate, Leer said.And it would be hard to make ends meet simply by adjusting a budget — dining out less and buying less clothing, for example — since survey respondents indicated it was the cost of essentials like rent and food, not extraneous items, that was out of reach, Leer said.
"I'm not talking about luxuries and going on vacation," Leer said. "Your car payment is still your car payment.It's likely the survey's indication of financial hardship is understated, Leer said, since it only looks at those who are collecting unemployment insurance. Millions of Americans may be out of work but not collecting unemployment benefits.
Lawmakers are currently negotiating another federal financial relief package, including whether to extend, replace or eliminate the $600-a-week unemployment boost. Democrats want to continue the payments through early next year or phase down aid as the unemployment rate falls. Republicans proposed lowering weekly aid to $200 a week, eventually transitioning to a system that replaces up to 70% of lost wages.
The Morning Consult survey polled a representative sample of 2,200 U.S. adults, weighted to match age, gender, educational attainment and region. It was conducted between July 23 and 25 and has a margin of error of 2 percentage points.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Poll: Americans Favor Renewing $600 Unemployment BenefitsBlame over the expiration of the expanded benefits is broadly divided along partisan lines, a new HuffPost/YouGov survey finds.
Read more »
Unemployment recipients share why they returned to work during the pandemic despite $600 weekly boostPeople who previously got the $600 weekly unemployment boost explain why they returned to work before the enhancement, provided under the CARES Act, expired in July.
Read more »
Even though $600 unemployment boost lapsed, Congress likely will make new aid retroactiveWhenever Capitol Hill decides on the next round of federal unemployment benefits, those payments likely will be retroactive to when the $600 lapsed, experts say.
Read more »
McConnell: ‘I’m Prepared To Support’ A Coronavirus Stimulus Bill That Includes $600 Unemployment ChecksWhile it's a sign of compromise, progress is still slow as a scheduled August recess for the Senate at the end of the week looms over the negotiations.
Read more »
McConnell: ‘I’m Prepared To Support’ A Coronavirus Stimulus Bill That Includes $600 Unemployment ChecksWhile it's a sign of compromise, progress is still slow as a scheduled August recess for the Senate at the end of the week looms over the negotiations.
Read more »
Another $1,200 stimulus check won't make up for loss of the $600 enhanced unemployment insuranceStimulus checks, while good in the short-term, do nothing to assuage the long-term financial effects of the ongoing economic crisis. Households need ongoing aid.
Read more »