Senate Minority Leader Chuck Schumer described it as “unemployment insurance on steroids.”
The new bill will add $600 per week to whatever a worker would normally receive if they’re laid off due to the coronavirus fallout, according to a Democratic aid familiar with the negotiations, which for many workers would amount to full wage replacement. Workers will be eligible even if they’re not in traditional jobs, if they work only part-time, or if they are self-employed. Gig workers, independent contractors, and freelancers will also be eligible.
The new bill will add an extra 13 weeks of federally funded benefits for people who run out of the standard 26 weeks of state benefits. result of negotiations between Schumer and Treasury Secretary Steven Mnuchin