New coronavirus stimulus proposal would extend $600 unemployment checks, give more workers benefits

Congressman Don Beyer released a report last week arguing that unemployment insurance should be automatically tied to economic conditions.

"In the face of an historic crisis, the federal government must take extraordinary steps to give the American people sustained help and prevent this economic downturn from becoming a depression," Congressman Don Beyer, the vice chairman of the Joint Economic Committee and expected sponsor of the Worker Relief and Security Act in the House, said in a news release Tuesday.

Democratic Senators Jack Reed of Rhode Island and Michael Bennet of Colorado are developing the Senate's version of the bill. The bonus payments would also continue after the extreme social distancing period, gradually reducing in size from $600 at faster or slower rates depending on a state's unemployment condition. Generally, individuals will collect the reduced bonus payments for at least 13 weeks after the social period and continue to receive them until the national unemployment rate falls below 5.5 percent.

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