2020/06/23 Millions of Americans will fall off an ‘income cliff’ when extra $600 in unemployment benefits ends next month

Ending the benefits now would be a “terrible idea,” Arindrajit Dube, an economics professor at the University of Massachusetts Amherst, said in a tweet. Many households have already spent the one-time stimulus check they received and unemployment is expected to remain high through 2021. Without the extra $600, benefits will revert to the standard state amount, which averaged $378 per week in March. That’s a sudden income reduction of 60%, without another stimulus check to fall back on.

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Paid For And Authorized By The Kosciusko County Democrats