The Republicans want you to starve, peasants.
12 million Americans set to lose unemployment benefits the day after Christmas
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www.cbsnews.com]
About 12 million jobless workers around the U.S. will lose their unemployment benefits the day after Christmas, according to a new analysis. The benefits cutoff could push many households into poverty while creating headwinds for the economic recovery, experts say.
Two key government programs authorized by the Coronavirus Aid, Relief, and Economic Security Act, or CARES Act expire on December 26. One is the Pandemic Unemployment Assistance program, which provides jobless aid to freelance and gig workers. That would deprive 7.3 million workers of urgently needed income, according to a study released Wednesday by The Century Foundation, a progressive think tank.
Another 4.6 million workers face being dropped from Pandemic Emergency Unemployment Compensation (PEUC) benefits, another CARES Act program that provides an additional 13 weeks of jobless aid beyond the typical 26 weeks that states provide, the analysis found.
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"People don't realize that most of the people collecting unemployment benefits now will be cut off on December 26," Stettner said. "Most people will be going from that $200 to $300 a week to nothing."