July 31, 2020

Congress stalls as Americans face renewed economic hardship

Washington (AFP) – Jobless Americans are set to become poorer on Friday when extra unemployment payments expire, after Congress failed to reach a deal on extending the benefits even as the US economy deteriorates.The $600 weekly payments to the tens of millions of people made jobless during the coronavirus pandemic have been credited with helping reduce poverty amid a downturn that caused a historic plunge in GDP.But the $2.2 trillion Congressional measure did not anticipate the resurgence in COVID-19 infections seen in parts of the United States in recent weeks, which has hampered business re…

source https://this.kiji.is/en/661965027894412385?c=648607265489716321

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