Trump’s proposed extra unemployment could amount to $300 a week instead of $400, and you may not qualify
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You probably heard that President Trump signed an executive order to provide an extra $400 a week in unemployment benefits.
Be aware that it’s not a done deal. And, based on the contents of a Department of Labor memo sent out Sunday and reviewed by CNBC, that amount could actually end up being $300 weekly. There’s also no guarantee that everyone who’s unemployed and otherwise receiving weekly benefits would get anything.
Trump’s call for the extra unemployment money was part of a handful of executive orders he issued Saturday after negotiations for the next round of coronavirus relief fell apart in Washington a day earlier.
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[Source: CNBC News]