Various US States are Implementing Further Relief Measures
The Coronavirus pandemic has brought governments around the world to stop their economies in their tracks. This unparalleled peacetime disruption to global markets has had a succession of negative economic impacts on populations across the globe. Now governments are hurrying to respond and offer assistance to their citizens as the pandemic unfolds.
<h2>New Stimulus System To Offer Extra Coronavirus Relief</h2>
There has been a wave of brand-new legislation focused at providing directed economic relief to those who need it most in the United States. In a government that is generally beset with partisan, almost zealot like politics some of the countries’ premier legislation pieces in history have passed with record-setting time on deliberation.
<h2>The CARES Act Legislation Center to Stimulus Program</h2>
The centerpiece of the still-developing economic stimulus program that has been deployed by the federal government. It includes the largest direct payment to American taxpayers in the country’s history with individuals receiving checks direct from the IRS for $1,200. The 2.2 trillion dollar piece of legislation consists of several other programs designed to supply relief to businesses and individuals. There has even been an improvement to the nations existing unemployment program.
<h2>Current Unemployment Benefits Vary Notably by State</h2>
The newly widened unemployment program gives states an extra $600 per person on top of the state’s already established benefits. Depending on your job and the state that you live in there is a possibility you could earn more on unemployment right now than you could if you were working.
The <a href=”https://www.cbpp.org/research/economy/policy-basics-how-many-weeks-of-unemployment-compensation-are-available”>Center on Budget and Policy Priorities</a> has more info.