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Ending Federal Unemployment Benefits Early Will Cost States More Than $12 Billion, New Report Finds

coronavirus 17 mins ago Ending the FPUC program early alone will take over $755 million from those receiving UI, according to the JEC report. The report also estimates that every $1 in UI generates $1.61 in local spending. Without the $755 million in FPUC benefits, states stand to lose $12 billion from June 19 through September 5. By ending these programs early, states are refusing billions of already appropriated federal dollars that could be spent in local groceries, restaurants and retail shops, the report reads. Because the report does not take into account the early cancellation of the PUA and PEUC programs, that $755 million figure is likely an underestimate of the effects of early cancellation. The report was also prepared before Maryland announced Tuesday that it too would end the programs.

Democratic scramble complicates Biden s human infrastructure plan

Democrats are scrambling to get their priorities included in President Biden Biden is expected to outline a package called the American Families Plan during a speech to a joint session of Congress on Wednesday. The package will focus on human infrastructure, such as child care and education. The president sees the package as a way to help families get on a stronger footing than they were prior to the pandemic. But a number of Democrats want to go well beyond what Biden is expected to propose, including in areas such as tax credits for families, unemployment insurance and health care.

Here s Who Got Hired in Washington This Week

This story is available exclusively to Insider subscribers. Become an Insider and start reading now. Republican lawmakers in both the Senate and House made a lot of hires to their offices. A former top Trump White House staffer lands a job on a Fox daytime program. Advocacy groups and lobbying firms are also hiring former congressional staffers. It s Washington, so of course, people are always moving around for new gigs. This week, Fox News landed a high-level alumni of the Trump White House briefing room. Over on Capitol Hill, Republican lawmakers added new people to their teams, including one former Trump staffer who worked in the Department of Labor returning to the House side.

Joe Biden s coming infrastructure push, explained

Joe Biden s coming infrastructure push, explained
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Biden Budgets Challenge Agency That Kept Predicting Deficit Doom

Biden Budgets Challenge Agency That Kept Predicting Deficit Doom
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