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gasoline, you realize inflation is the price we all pay for this because what happens with all of the trillion dollar programs, the fed has been buying up government debt, printing money to buy up the government debt which means more money sloshing around in the system. biden s unemployment extension because of the benefits. that means that people are at home collecting unemployment checks instead of going out and making things. too much money chasing too few goods and martha and i was too much that is the formula for inflation. bill: let me squeeze and maps that ended $300 federal benefits. we are about 25 right now. here is a number for you, 3.5 million americans are still on unemployment benefits, twice the pre-covid level. new york post headline a total disaster to send america bastagnant 70s. that is the point.
Posted March 11th, 2021 for Broadcast Music Posted in on March 11, 2021 Today, President Biden signed the sweeping $1.9 trillion COVID-19 relief package called the American Rescue Plan Act of 2021, offering support to many individuals economically impacted by the pandemic, including music creators, copyright owners, and other small businesses. This vital legislation includes the following provisions that can help the creative community:
Direct Payments: The American Rescue Plan provides a $1,400 payment to supplement the $600 already provided in December. Individuals earning up to $75,000 and couples earning up to $150,000 will receive the full direct payments of $1,400 per person. Individuals will also receive an additional $1,400 payment for each dependent claimed on their tax returns.
Unemployment Extension Update: Senate Democrats Sidestep Stimulus Trap
03/05/21 AT 3:01 PM
Congressional Democrats have changed the stimulus bill to extend unemployment benefits through September, ensuring the benefits won’t run out while Congress is in recess. Unemployment benefits are gaining importance as long-term unemployment approaches record levels, CNBC reports.
The move was led by Sen. Ron Wyden, (D-Ore.) Chair of the Senate Finance Committee. Wyden sounded the alarm on Wednesday.
“I’m going to fight like hell to get this extended to September,” he said. “It defies common sense for Congress to set up another cliff, and it’s in the middle of August.”