Wall Street Journal: As $600-a-Week Jobless Aid Nears End, Congress Faces a Quandary
By Eric Morath and Te-Ping Chen
Wall Street Journal, July 21, 2020
Some 25 million Americans are set to lose $600 a week each in federal unemployment benefits at the end of the month, one of the thorniest issues Congress faces when it returns to Washington this week to consider another coronavirus relief bill.
Many people view the payments as a lifeline, and analysts say the $15 billion a week in federal spending has provided vital support to an economy staggering from the effects of the pandemic. ...
Other businesses worry that a reduction in federal payments will hurt consumer spending...