Posted on 08/09/2020 6:52:13 PM PDT by 11th_VA
President Trump suggested some states may "pay nothing" as part of the unemployment plan included in the coronavirus executive orders the president signed on Saturday.
The memo Trump signed Saturday extends the enhanced unemployment benefits that expired about two weeks ago. The benefits will be lowered from $600 to $400 per week, with states required to cover 25 percent of the cost.
Speaking to reporters Sunday on his way home from his New Jersey resort, however, Trump said some states may not have to pay, adding that "it will depend on the states." He said states will make an application that will be reviewed by the White House.
"We have a system where we can do 100 percent or we can do 75 percent, they pay 25," Trump said, according to CNN.
"So you know, they may be, they'll pay nothing in some instances or maybe they'll -- a little bit like the National Guard, like the National Guard, as you know. Sometimes we'll pay all of it depending on the tragedy, or whatever it may be, the disaster," he added. "Sometimes the state will pay 40%, 25%, 10% or nothing -- depending on how it works out."
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Trump did this to push the blame down to the states
Good job Mr. President
interesting
interdastising. he been doing that a lot lately. Good Job Mr. President.
The benefits will be lowered from $600 to $400 per week, with states required to cover 25 percent of the cost.
Trump is the most astute president in financial matters in my life time. And I am not a spring chicken having burned 80 candles recently.
Why should the unemployed earn more than when they were working? Seems to me that a $400 a week bonus is still quite a lot of money. Gov spending is now cheered?
It’s all politics, reason has been abandoned. In a perfect world, anyone in debt would drive a 20 year old car and stay out of debt. But that’s not the case in our consumer driven world. Something has do be done to bridge the gap. But there needs to be a reckoning when this is over.
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