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$ 400 Weekly Unemployment Bonus is now $ 300. What You Should Know



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The $ 400 a week is now $ 300.

Sarah Tew / CNET

While the Senate continues to debate the content of the $ 1.9 trillion COVID-19 contingency plan like the third stimulus check and Child tax creditthe provision for unemployment benefits was slightly adjusted. Bonus checks are extended through October, but are $ 300 instead of $ 400.

Senate Democrats have made the changes to the benefits outlined the House bill Friday. If the legislation passes, unemployed workers will receive a $ 300 weekly bonus check until October 4, rather than the end of August, according to The Hill. One reason for this change is that the Senate will not meet at the end of August, which could cause problems if the bonus checks have to be renewed.

In addition to the longer payments, Democrats in the Senate also added a provision to make the first $ 10,200 in unemployment benefits tax-free. Following news of the change, White House press secretary Jen Psaki tweeted that President Joe Biden supports the extension: “The president believes it is critical to extend extended unemployment benefits until the end of September to help Americans who are struggling. “

Here’s everything you need to know about how the new pack will help those who are unemployed.

How will the next emergency help unemployed workers?

The $ 1.9 trillion COVID-19 relief package was on extended unemployment benefits through the end of August and increase the weekly federal bonus to $ 400 in lieu of the current $ 300However, changes made by Senate Democrats on Friday would cut the $ 400 to $ 300 and extend the checks through Oct. 4. This is still down from the $ 600 per week in the US CARES Act, on top of unemployment checks issued by the state


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Will the additional $ 300 unemployment bonus work retroactively?

So far there is no indication that unemployment benefits will be retroactive. That could change once a bill makes its way through Congress, or it could be decided by the states.

How long will the additional $ 300 checks be extended for unemployed Americans?

Biden’s original plan called for the extended benefits to last until the end of September, with triggers that would extend the benefits beyond September for those still out of work, and include automatic payment adjustments related to health and economic conditions. The bill passed by the House of Representatives called for bonus checks until the end of August, but that changed in the Senate on Friday. Now payments are valid until October 4.

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Unemployment insurance is a lifeline for millions of unemployed Americans.

Sarah Tew / CNET

What about the latest checks for $ 300 unemployment bonus? How many are left?

The $ 900 Billion COVID-19 Aid Package succeeded in December added 11 additional weeks of improved unemployment benefitsThis includes the $ 300 weekly checks, pandemic unemployment assistance for gig workers, and an extension of the benefits provided by the state. The official due date for these benefits is March 14 – less than two weeks away – but there is a phase-out period until April 5, as some recipients have not yet received payments from their state’s unemployment offices.

What will happen in October?

Since his election, Biden has said several times that more relief will come, but he has yet to specify when that will happen. If the $ 1.9 COVID bill is passed, there will likely be no extension of benefits until near expiration date.




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