Page 3 - Pandemic Debt News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Pandemic debt. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Pandemic Debt Today - Breaking & Trending Today

Lapse in federal stimulus packages forced millions of Americans into deeper debt


Lapse in federal stimulus packages forced millions of Americans into deeper debt
and last updated 2021-01-28 18:11:48-05
Americans owe nearly $1 trillion in credit card debt, an all-time high, according to the Federal Reserve. Much of that debt was piled on over the last half of 2020 when many people on unemployment lost the CARES Act’s $600 supplemental.
“When I lost my job in April, my unemployment was $65 a week, but I was getting the extra $600 which was helping some,” said Mary Davis in Michigan.
Davis struggles with a disability and was only able to work part-time before the pandemic. When she lost her part-time retail job in April of 2020, initially, she was getting the $600 CARES Act supplemental and had an income of $665 a week. However, her monthly food stamps and other low-income benefits were taken away. She was on the hook for her full rent, which was $1,100 a month, in addition to paying for her utilities and food for herself and her yo ....

United States , Amie Blazio , Gwen Turos , Mary Davis , Federal Reserve , Stephanie Freed , American Debt , Credit Card Debt , Job Loss , Pandemic Debt , ஒன்றுபட்டது மாநிலங்களில் , மேரி டேவிஸ் , கூட்டாட்சியின் இருப்பு , மாற்றாந்தாய் விடுவிக்கப்பட்டது , அமெரிக்கன் கடன் , கடன் அட்டை கடன் , வேலை இழப்பு , சர்வதேச பரவல் , சர்வதேச பரவல் கடன் ,