Stimulus is here. But there are some big caveats - News Summed Up

Stimulus is here. But there are some big caveats


A version of this story first appeared in CNN Business' Before the Bell newsletter. The estimated 12 million people in two key pandemic unemployment programs, who were facing their last payment this weekend, will now receive benefits for another 11 weeks. Plus, all those collecting jobless payments will receive a $300 weekly federal boost through mid-March. The caveats: Because Trump did not sign the bill on Saturday, those enrolled in the two unemployment programs will likely not receive a payment for the final week of the year. Their payments could also be delayed several weeks while state agencies reprogram their computers.


Source: CNN December 28, 2020 12:11 UTC



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