CARES Act Unemployment Enhancement Expires July 25

The CARES Act created the current unemployment enhancements: an extra $600/week, 13 weeks coverage beyond the normal 26 weeks, and extending UI to people who are self-employed. The $600/week enhancement expires July 25. Congress is considering whether and how to extend the benefits.

From the Maine Beacon:

A $600-a-week boost to federal unemployment benefits, which was passed as part of the federal CARES Act in March, will expire at the end of the month unless the U.S. Senate acts to extend it.

Last week, Senate Democrats introduced legislation, the American Workforce Rescue Act, which would extend the expanded weekly benefits and tie its phase-out to when state unemployment rates fall to certain levels.

The U.S. House has also passed legislation that would extend the benefit through January.

But Senate Republicans are against giving what they describe as “a bonus” to the 19.3 million people nationally and 90,297 in Maine with continuing unemployment claims.  

Senate Majority Leader Mitch McConnell and his allies claim that unemployed Americans are reluctant to return to work because of the additional payment.

Click here to read the whole article in the Maine Beacon.

Click here to read a detailed summary of the American Workforce Rescue Act.

Click here for a list of Federal Coronavirus legislation that affects SHARE members.