• Latest
  • Trending
  • All
  • News
  • Business
  • Lifestyle
Kudlow Expects $600 Additional Unemployment Aid Will Stop at the End of July

Kudlow Expects $600 Additional Unemployment Aid Will Stop at the End of July

June 15, 2020
Nonprofit Funded By Chinese Gov’t-Linked Entities Backs Blue State’s ‘Unconstitutional’ Climate Law

Nonprofit Funded By Chinese Gov’t-Linked Entities Backs Blue State’s ‘Unconstitutional’ Climate Law

May 31, 2025
Why On-And-Off Voters Who Backed Trump May Be GOP’s Midterm Silver Bullet

Why On-And-Off Voters Who Backed Trump May Be GOP’s Midterm Silver Bullet

May 31, 2025
MICHAEL LUCCI: US Multinationals Must Exit China

MICHAEL LUCCI: US Multinationals Must Exit China

May 31, 2025
CASEY RYAN: Loudoun County Is Back In The Election Year Headlines Again

CASEY RYAN: Loudoun County Is Back In The Election Year Headlines Again

May 31, 2025
DAVID BLACKMON: Did Trump And Hochul Just Swap An Offshore Wind Farm For A Pipeline?

DAVID BLACKMON: Did Trump And Hochul Just Swap An Offshore Wind Farm For A Pipeline?

May 31, 2025
Father Of DJ Daniel Gives Heartbreaking Health Update About Son

Father Of DJ Daniel Gives Heartbreaking Health Update About Son

May 30, 2025
Appeals Court Blocks Trump’s Push For Mass Federal Firings

Appeals Court Blocks Trump’s Push For Mass Federal Firings

May 30, 2025
Musk Leaves DOGE With a Black Eye — Literally 

Musk Leaves DOGE With a Black Eye — Literally 

May 30, 2025
Campaign Board Fines Cuomo $675,000 While Awarding Millions To Opponent

Campaign Board Fines Cuomo $675,000 While Awarding Millions To Opponent

May 30, 2025
Dem Claim That Trump Tariffs Would Cause Prices To ‘Soar’ Crumbles Due To Positive Economic News

Dem Claim That Trump Tariffs Would Cause Prices To ‘Soar’ Crumbles Due To Positive Economic News

May 30, 2025
‘Highly Partisan Person’: Trump Sends National Portrait Gallery Director Packing

‘Highly Partisan Person’: Trump Sends National Portrait Gallery Director Packing

May 30, 2025
Jasmine Crockett Tries To Describe Democrats’ ‘Playbook’ On The Fly. It Doesn’t Go Well

Jasmine Crockett Tries To Describe Democrats’ ‘Playbook’ On The Fly. It Doesn’t Go Well

May 30, 2025
  • Donald Trump
  • State of the Union
  • Elon Musk
  • Tariffs
  • Congress
  • Faith
  • Immigration
Saturday, May 31, 2025
  • Login
IJR
  • Politics
  • US News
  • Commentary
  • World News
  • Faith
  • Latest Polls
No Result
View All Result
IJR
No Result
View All Result
Home IJR

Kudlow Expects $600 Additional Unemployment Aid Will Stop at the End of July

by Madison Summers
June 15, 2020 at 8:47 am
in IJR
242 10
2
Kudlow Expects $600 Additional Unemployment Aid Will Stop at the End of July
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

National Economic Council Director Larry Kudlow is noting that the administration wants to start to incentivize people to go back to work soon amid the coronavirus pandemic.

When mentioning the federal government giving Americans an extra $600 weekly with unemployment benefits amid the coronavirus pandemic, CNN host Jake Tapper noted during Sunday’s “State of the Union” that it is “slated to run out in six weeks.”

He then asked Kudlow, “Should American families that are receiving these extra $600 checks right now expect that money to stop in August?”

Kudlow responded in clarifying unemployment benefits will not stop, however, the additional $600 additional weekly checks will stop at the end of July.

“I mean, we’re paying people not to work. It’s better than their salaries would get,” he said.

He added, “That might have worked for the first couple of months. It’ll end in late July.”

With the weekly unemployment check boost, people in more than half of U.S. states are receiving more in unemployment benefits than their salaries, according to a previous article in The New York Times.

Watch Kudlow’s interview below:

Kudlow also noted that President Donald Trump’s administration is looking at “reform measure” to provide a bonus to incentivize people to go back to work.

“It will not be as large, and it will create an incentive to work,” he said.

Tapper noted that he does not see the current situation as people not wanting to go back to work but rather jobs not returning.

In response, Kudlow said, “I personally agree with you. I think people want to go back to work. And I think they welcome the reopening of the economy, and I think they’re anxious to get out and about.”

“However, at the margin, incentives do matter. And so we have heard from business after business, industry after industry, and there’s already some evidence that this effect is taking place.”

Regarding the U.S. economy and the coronavirus pandemic, White House trade adviser Peter Navarro said on Friday during a Fox News interview that Trump is “very interested” in having at least $2 trillion in the next coronavirus relief package.

Tags: Coronavirus OutbreakEconomyLarry Kudlow
Share196Tweet123
Madison Summers

Madison Summers

IJR, Editor-in-Chief She's been with Independent Journal Review since 2018.

Advertisements

Top Stories June 10th
Top Stories June 7th
Top Stories June 6th
Top Stories June 3rd
Top Stories May 30th
Top Stories May 29th
Top Stories May 24th
Top Stories May 23rd
Top Stories May 21st
Top Stories May 17th

Join Over 6M Subscribers

We’re organizing an online community to elevate trusted voices on all sides so that you can be fully informed.





IJR

    Copyright © 2024 IJR

Trusted Voices On All Sides

  • About Us
  • GDPR Privacy Policy
  • Terms of Service
  • Editorial Standards & Corrections Policy
  • Subscribe to IJR

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Politics
  • US News
  • Commentary
  • World News
  • Faith
  • Latest Polls

    Copyright © 2024 IJR

Top Stories June 10th Top Stories June 7th Top Stories June 6th Top Stories June 3rd Top Stories May 30th Top Stories May 29th Top Stories May 24th Top Stories May 23rd Top Stories May 21st Top Stories May 17th