Additionally, Trump's order called for states to chip in 25% of that $400. Based on the DOL memo reviewed by CNBC, states have two options to fund that share. They could count the first $100 they pay in weekly benefits to meet that requirement — which means the boost would amount to $300, not $400.
For the federal government's $300-per-week share, Trump would use $44 billion from the government's $70 billion Disaster Relief Fund — which typically is deployed in the wake of weather disasters and the like. The money would be administered by the Federal Emergency Management Agency, or FEMA.
Trump is a sham.
Once again, the biased, liberal arm of CNBC is allowed to spew out a misleading headline. Are there any more adults at CNBC ? You’re not reporting the news, you’re trying to shape it. Please stop.
Wall Street's greed and disregard for the principles of our democracy created this. America is dying. Congrats.
Always the negative!
Secretary Mnuchin, I had believed in you back in April when you were all for people, the unemployed mostly, and did great things ! However, now instead of being positive you now are defensive about everything! Come on, do the right thing !
And it’s $300 more than the Democrats were willing to negotiate to give to Americans in need!
Extending Federal Assistance as is would be the fastest, easiest and less expensive way of helping unemployment and other timed out measures. By the time States figure out the change and infatuate them, people will be in big financial trouble!
Re-open America , there is no more pandemic , empty hospital , false infection ,fake death rate , it’s a hoax from Democrats to stop Trump re-election.
FakeNews
I commend the effort but it doesn’t seem as though this is actually going to happen.....we need congress to come back from vacation and do their jobs....I bet if they weren’t getting paid they would make a deal today!
let's wait for the democrats to discuss it maybe by next decade they'll reach a conclusion. meanwhile, SpeakerPelosi can enjoy eating ice-cream from her $42,000 freezers
Well Dems need to get their heads out of their asses and vote for new unemployment
It’s hilariously ironic how Trump supporters will praise him for his unconstitutional executive orders when not to long ago, both him and his supporters were criticizing Obama for the same reasons... 🤔
So it's safe to say these states think extra unemployment benefits disincentivizes people to look for employment.
Maybe Joe Biden could offer Blacks less, since he is trending towards offending blacks.
Thank you for being positive. The Democrats proposed nothing, that would be 0 dollars a week. So $300 dollars a week is awesome. Also the tax credit will be HUGE!
Dems, do not work with the White House....let dopey don and his dwarfs flounder in their own mess.
At least he’s trying something unlike democrats!
no problem , banks , black rock want indices very up , this week maximus
Typical Trump. It's all about branding; no substantive meaningful action.
Is that better than $0.00?
It’s time to stop bailing out the airlines.
Wahhh. 300 isn’t 400, and 400 isn’t 600. Wahhh. They should feel lucky enough to be getting anything extra.
Unconstitutional Trump Executive Orders
The compliant media never disappoints. Were these the DNC talking points from this morning?
lol
And Democrats are doing nothing
cant they get it together? $400 versus $600 is splitting atoms. Fighting over crumbs.
cant they get it together? $400 versus $600 is splitting atoms. Fighting over crumbs.
Fake news
Dictator Newsom destroyed millions of businesses and lives
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