US COVID-19 unemployment payments were too large, White House says

27/07/2020 10:20

US COVID-19 unemployment payments were too large, White House says


The US Administration and the Republican senators believe that the measure package for stimulation of economy amid the coronavirus pandemic, adopted in March, implied too large payments to the people, and that was taken into account in the new plan, White House Chief of Staff Mark Meadows said Sunday.

"The original unemployment benefits actually paid people to stay home, and actually a lot of people got more money staying at home than they would go back to work," Meadows said. "The president has been very clear, our Republican senators have been very clear, we aren't going to extend that provision."

In late March, US President Donald Trump signed a bill on economy stimulation measures worth over $2 billion, aimed at mitigation of consequences of the coronavirus spread. This initiative involved single payment of about $1,200 per person. Besides, additional funding was provided that allowed the states to increase the weekly unemployment benefits by $600. The current measure package expires in late July. The Republicans are expected to provide a new plan, negotiated with the Trump Administration, on Monday.

According to Meadows, the US Administration decided that the $600 weekly boost to the unemployment payments is inappropriate. Instead, under the new plan, the Americans will be paid about 70% of what they received prior to getting unemployed due to the pandemic/

White House Economic Advisor Larry Kudlow said in an interview for CNN that too large payments obstruct restoration of the business.

"We have had a flood of inquiries and phone calls and complaints that small stores and businesses, restaurants can't hire people back," Kudlow said.

"Maybe last March it was necessary for that, but really the consequence of people not returning to work," he noted. "we want to pay folks to go back to work."

According to Kudlow, the new plan will include a single-time payment of $1,200 and a number of other measures.

On Sunday, US Secretary of the Treasury announced that the Republicans will present its new package of measures worth approximately $1 trillion Monday. He noted that the views of the Administration and the Senate on this initiative coincide completely.

He noted that some debatable issues must be negotiated with the Democrats.


In case you have found a mistake in the text, please send a message to the editor by selecting the mistake and pressing Ctrl-Enter.

Newsfeed

28/09/2020 23:00 Practical steps must be taken immediately to cease the military actions: EPP on situation in Nagorno-Karabakh 28/09/2020 22:53 We must be ready for lasting military actions: Artsakh Republic president 28/09/2020 22:42 Armenia’s PM convenes extraordinary session of Security Council 28/09/2020 22:14 Defense Army hits adversary’s airplane in Artsakh 28/09/2020 21:53 Armenia’s FM meets ambassadors, briefs on current situation in Nagorno Karabakh 28/09/2020 21:29 UN Security Council to hold special discussion on the situation in Nagorno Karabakh 28/09/2020 21:10 UN Secretary General holds conversation with Azerbaijani president, urges to immediately cease the fire and resume talks 28/09/2020 21:02 Adversary launches large-scale attack in direction of Araks valley and Mataghis-Talish sectors: Artrsun Hovhannisyan 28/09/2020 20:37 International recognition of Artsakh most efficient in the toolkit available to the international community for maintaining regional peace and security: Artsakh MFA 28/09/2020 20:16 ECHR reports about receiving request from Armenia for interim measure against Azerbaijan 28/09/2020 20:02 Armenian side has over 200 injured: Defense army deputy commander 28/09/2020 19:50 Intense military actions continue in northern, southern and south-eastern directions: Defense Army deputy commander 28/09/2020 19:38 Artsakh Human Rights Defender Visited Civilians Wounded as A Result of Azerbaijani Aggression 28/09/2020 19:34 CSTO urges NK conflicting parties cease fire, return to table of negotiations 28/09/2020 19:05 Another proof of engagement of foreign mercenaries in military actions unleashed by Azerbaijan (video) 28/09/2020 19:01 Turkey not to provide direct assistance to Azerbaijan to avoid Russia’s engagement in the conflict: Russian expert 28/09/2020 18:48 Erdogan’s statement on situation over Karabakh adds fuel to the fire: Russian MP 28/09/2020 18:32 France doing everything possible for the dialogue between Armenia and Azerbaijan to resume 28/09/2020 18:16 Wedding in Stepanakert amid war (photos) 28/09/2020 18:08 Injured servicemen transported from Artsakh to Yerevan (video) 28/09/2020 17:52 Consequences of Azerbaijan's aggression: photos 28/09/2020 17:44 Armenian side reports about 120 injured as result of military actions unleashed by Azerbaijan 28/09/2020 17:36 Adversary faces severe resistance of Defense Army after initiating tank attack 28/09/2020 17:18 Military actions ongoing, Armenian side inflicts serious losses to adversary: Artsrun Hovhannisyan 28/09/2020 16:52 One civilian dies, another 4 receive injuries in Artsakh’s Hadrut 28/09/2020 16:36 Adversary initiates tank attack, loses 10 units of armored vehicles (video) 28/09/2020 16:31 Azerbaijan's president personally applied to me with request: Armenia's PM opens brackets 28/09/2020 16:06 China says hopes Armenia, Azerbaijan resolve differences via talks 28/09/2020 15:56 Russia in touch with Turkey over situation in Nagorno Karabakh 28/09/2020 15:44 Situation is under full control of Armenia side: Armenia's DM departs for Artsakh 28/09/2020 15:34 Kremlin calls the NK conflicting parties for maximum restraint 28/09/2020 15:15 Armenia’s NA adopts draft statement on condemning Azerbaijan’s military aggression 28/09/2020 14:57 Defense army reports about death of 27 Armenian servicemen during today’s military actions 28/09/2020 14:47 ECHR to consider Armenia’s petition regarding the escalation of situation in Karabakh by Azerbaijan 28/09/2020 14:33 Russia's Medvedev urges NK conflicting sides cease fire to avoid catastrophic consequences for the region 28/09/2020 14:02 Turkey is recruiting and transporting foreign terrorist fighters to Azerbaijan: Armenia’s MFA 28/09/2020 13:59 Enemy does not record any success on frontline: Artsakh president’s spokesperson 28/09/2020 13:49 Fights continue with different intensiveness, fighting spirit of Armenian servicemen high: MOD spokesperson 28/09/2020 13:35 Militias moved from Syria to Azerbaijan already engaged in military actions against Nagorno Karabakh: Armenia’s ambassador to Russia 28/09/2020 13:16 Armenia bravely fights against Azerbaijan and Turkey’s military attack: Dutch MP 28/09/2020 13:06 European structures not heaven’s branches ready to listen to your truth: PAP lawmaker 28/09/2020 12:44 Armenia’s ex-DM: In case of lasting war unleashed by Turkey against Armenians and Artsakh Azerbaijan will be destroyed, Turkey – dismembered 28/09/2020 12:36 Russia's MFA does not comment on engagement of Syria’s mercenaries in Nagorno Karabakh conflict 28/09/2020 12:24 Escalation of situation in Nagorno Karabakh particularly dangerous: Russia's MFA 28/09/2020 12:08 Merkel visits Navalny in hospital, Der Spiegel reports 28/09/2020 11:45 Azerbaijan should immediately stop its aggressive policy: ex-FM of Greece 28/09/2020 11:27 Armenian side does not have alive captured Azerbaijani military: Artsrun Hovhannisyan 28/09/2020 11:22 Armenian side reports about 200 wounded: MOD representative 28/09/2020 11:14 Armenian side reports no casualties from the usage of TOS heavy artillery by Azerbaijan: MOD spokesperson (video) 28/09/2020 11:10 Representatives of Turkey’s armed forces widely engaged in different military activities: expert 28/09/2020 10:54 Number of new coronavirus cases grows by 174 in 24 hours in Armenia, 6 new deaths reported 28/09/2020 10:46 Application of TOS heavy artillery system by enemy in Artsakh direction ineffective: Defense Army 28/09/2020 10:10 Armenia’s Minister of Defense holds operative consultation 28/09/2020 09:57 Armenian side captures Azerbaijani general: Azerbaijani source 28/09/2020 09:48 Artsakh creates operative headquarters 28/09/2020 09:40 Defense Army carries out few brilliant military operations during the night: Arayik Harutyunyan 28/09/2020 09:33 Tens of corpses of enemy on Armenian side after Defense Army regains control of previously lost positions (video) 28/09/2020 09:20 Armenia's FM: We are prepared for compromise but this massive escalation brings in a new situation 28/09/2020 09:09 Armenia's MOD: Azerbaijan resumes intensive military actions, uses TOS heavy artillery system 28/09/2020 09:01 Defense Army inflicts big number of losses of manpower and armored vehicles to enemy, regains control of lost positions (video) 28/09/2020 08:52 Azerbaijani Armed Forces use Smerch rocket system (video) 28/09/2020 08:46 Military actions continue, our troops register noticeable success: MOD representative 28/09/2020 08:29 Joe Biden: I call for urgent de-escalation, restoring the ceasefire 28/09/2020 08:05 Defense Army reports about losing other 15 servicemen during fight on September 27 28/09/2020 08:00 We’ll see if we can stop it: U.S. President Trump on escalation in Nagorno Karabakh 28/09/2020 01:09 Iranian FM invites Azerbaijan, Armenia to exercise self-restraint 28/09/2020 01:05 Turkey’s engagement in the conflict contains dangerous elements: Artsakh FM 28/09/2020 01:04 International recognition of Artsakh crucial now: Artsakh FM 28/09/2020 00:23 Defense Army inflicts serious losses to enemy’s manpower and armored vehicles (video) 28/09/2020 00:18 Pregnant woman heavily injured as a result of Azerbaijan’s shelling of civilian settlements: Artsakh Ombudsman 28/09/2020 00:07 Department of State: USA urges both NK conflicting sides to cease hostilities immediately 27/09/2020 23:39 Defense Army divisions destroy enemy’s five helicopters, 27 UAVs, 33 tanks 27/09/2020 22:34 We urge Azerbaijan to stop this aggression and come to their senses and come back to the peaceful process: Zohrab Mnatsakanyan gives interview to Al Jazeera 27/09/2020 22:28 Conflict over Nagorno-Karabakh can only be resolved through negotiations: German FM 27/09/2020 22:19 We lost positions, have victims and injured, Artsakh fights not only with Azerbaijan but Turkey too: Arayik Harutyunyan 27/09/2020 22:11 According to intelligence data 4,000 militants from Syria engaged in military actions unleashed by Azerbaijan 27/09/2020 22:02 Armenia’s PM tells France’s President Macron about necessity to halt Turkey’s possible interference 27/09/2020 21:52 Artsakh president convenes urgent Security Council session 27/09/2020 21:33 Vardenis-Martakert highway not controlled by Azerbaijani army: MOD 27/09/2020 21:14 Adversary has about 200 human losses: MOD representative 27/09/2020 21:07 Armenia applies to ECHR for applying interim measure against Azerbaijan 27/09/2020 20:52 EPP president Donald Tusk calls on NK conflicting parties to maintain dialogue 27/09/2020 20:03 Artsrun Hovhannisyan reports about hitting enemy's another UAV 27/09/2020 19:40 Armenian Armed Forces keep on hitting Azerbaijani armored vehicles (video) 27/09/2020 19:36 International community bears responsibility for violations of human rights in Nagorno Karabakh: Artsakh Ombudsman 27/09/2020 19:29 In phone conversation with Russia’s Putin, Armenia’s PM says further escalation and involvement of non-regional forces inadmissible 27/09/2020 19:14 As of now Artsakh records two losses among civilians, other 30 are injured: Artsakh Human Rights Defender 27/09/2020 19:01 Putin, Pashinyan hold phone conversation 27/09/2020 18:56 I am not satisfied with graceful diplomatic formulations of international structures: Naira Zohrabyan applies to all international structures 27/09/2020 18:23 According to preliminary information, Artsakh Armed Forces suffer 16 losses, has over 100 injured 27/09/2020 18:11 We have Artsakh recognition issue on agenda: Armenia’s PM 27/09/2020 18:04 We suffer casualties among civilians as well: Armenia’s PM 27/09/2020 17:51 Azerbaijan uses multiple rocket launchers of 300 and more calibers: Artsrun Hovhannisyan 27/09/2020 17:41 EU calls for immediate cessation of hostilities, de-escalation and for strict observance of the ceasefire: Josep Borrell 27/09/2020 17:29 Hayastan All-Armenia fund declares “We Are Our Borders; All for Artsakh” pan-national fundraising campaign 27/09/2020 17:25 There is no military solution to this conflict: NATO calls on parties to cease hostilities 27/09/2020 17:19 Today is not the time to speak about the reason of such arrogance of the enemy, our duty is to defend the homeland: Robert Kocharyan 27/09/2020 17:11 Azerbaijan losses lieutenant colonel: Razm.info 27/09/2020 17:02 Armenian people ready for war: Armenia’s PM addresses Armenians 27/09/2020 16:40 ICRC calls on the Nagorno-Karabakh conflicting sides to spare civilians