Schumer says Senate bill will cover 4 months of lost wages for workers
Senate Minority Leader Chuck Schumer, D-N.Y., announced Tuesday that lawmakers are very close to reaching a deal on a nearly $2 trillion stimulus package meant to address widespread health and economic problems created by the coronavirus outbreak, and that an agreement could be reached "in the next few hours."
Fresh off what he said was a "very productive meeting" with Treasury Secretary Steven Mnuchin, White House congressional liaison Eric Ueland and acting White House Chief of Staff Mark Meadows, Schumer reported on progress that he said includes securing four months' full salary for workers if businesses can no longer afford to keep them.
"This is a great plan," Schumer said on the Senate floor Tuesday. "What it says is if you lose your job in this crisis, you can be furloughed by your employer. That means you can stay on that employer's worklist; if you have health benefits with the employer you can keep getting them. But, most importantly, the federal government will pay your salary — your full salary — for now four months."
Schumer said this assistance — which he called "unemployment insurance on steroids" — is critical because not only will it protect workers, it will help businesses recover more easily after the crisis is over.
https://www.msn.com/en-us/news/politics/schumer-says-senate-bill-will-cover-4-months-of-lost-wages-for-workers/ar-BB11E1H1?li=BBnb7Kz
= new reply since forum marked as read
