Unemployment for All. Really!! Currently, the Rates of Unemployment is going down. For many States Like Utah. The 13-week extension of benefits is kicking in. Federal Extension of benefits.
Thanks to the Federal Government its extended.
Senate Republicans are changing their tune from NO WAY are we extending to end of the year as requested in the House Bill that passed. 208 to 199.
Tune: Was all about Back to Work Bonus.
Tax credit.
They refused to even talk or consider the Extention of Unemployment.
Senate Republican’s are reversing there position.
Now Talking about extending it but reducing it to $360 a week.
This would be after it expired on July 31 2020.
If the government pulls the plug on the program on a hard date.
IT will have the same effect of the economy in 2008.
NO DOC loans to Full Doc.
No one could buy Collapse the market. They failed to turn this massive tanker around.
The economy of our size is not a speed boat.
Chaos for Business and Employees.
Key in the passed was to make it more attractive to go to work but cover the basics if you can’t.
GOP leaders feel.
That the civil unrest is linked to the Economic Situation.
Many Essential workers have been making less than there Non-Essential workers
making as much as $57K annualized year.
I’m sure this is not comforting to hear about 13 more weeks.
I want to say this to Essential workers.
You are my Hero.
When no one knew how bad it was you went to work.
Medical Staff. With Life threading Virus in front of you.
you stepped up and out of your house.
Know if not for you then WHO
If not now then when
We need you and you came thru.
WHO would tirelessly work to support people.
Strangers you don’t even know and don’t owe your life to there survival but you did.
WHO WHO YOU!
Grocery Store workers, Fed EX, USPS, CVS, HD, Lowes, Pilots, Gas Station.
GOD BLESS YOU THANK YOU SO MUCH. YOU ARE WHAT HEROS ARE MADE OF AND YOUR MY PERSONAL HERO.
Majority of people this is there first time on Unemployment or PUA.
In there entire life.
Many are depressed, nervously filing,
get it like there doing something wrong,
Not there personal identity refuses to get a hand out.
Maybe even just because you watched my channel.
I know your not abusing or gaming the system.
You didn’t create this. You lost your jobs
couldn’t go back to work.
NEXT what’s up with the Back to work bonus?
$450 Pay boost for works going back to work is still HOT and Popular thank YOU. Math is off $450 vs $600.
It’s because Senate Pub’s plan to reduce the benefit for the Federal program to $300.
This would create a balance to encourage us to go back to work but not completely Penalize us.
What about our Second Check?
The second Check is now far from the current conversation and has gone cold.
What’s up with PPP?
PPP: Senate passed the bill for the Modification to the PPP.
They had too many were being pushed up against the wall.
No Customers to Serve.
Timeline to spend money. No solution in sight.
Scared the Businesses that now didn’t want the PPP.
For obvious reasons we didn’t get for a 1 % loan, the idea was relief and forgiveness.
House was 417 to 1.
Senate was Unanimous
Changed: 2 main things.
time 8 weeks 24 weeks.
75 Payroll down to 60%
What going on with Round 1 checks?
Check 90% are out. IRS is facing strange challenges new to them. The Homeless, Non-English speaking.
If you haven’t got the check. It’s frustrating. Make sure you go to my payment Portal IRS.
They need it the most. Trust me it will feel so good. Sometimes we have to help people that can’t help themselves.
Reach out to the homeless shelter to help with this last 10 Percent.
They can also reach out to State offices, State Assistance offices, Medicaid, or Supplemental Nutrition programs.
Submit their information to the IRS Portal by October 15, 2020.
Treasury has announced if we threw away our cards we can get another one for free.
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