Date Posted
1. It has failed to support adequate fiscal stimulus during the coronavirus pandemic
In March 2020, Congress passed the CARES Act, which included a temporary $600 increase in weekly unemployment insurance (UI) benefits and $150 billion in aid to state and local governments. However, once the relief measures ran out, the Trump administration vehemently opposed the extension of the $600 increase of UI benefits4 and additional aid to state and local governments.5 The lack of fiscal relief will cost millions of jobs, including 5.3 million jobs due to insufficient federal aid to state and local governments6 and 5.1 million jobs due to the expiration of the $600 boost in UI.
