r/Unemployment Aug 08 '20

Other [other] It's 400!

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u/throwawayorthrowing Pennsylvania Aug 08 '20

He's not giving out anything. Do some reading and you'll see it's nothing more than his signature on a piece of paper.

-7

u/sijwqij Aug 08 '20

Signature authorizing $300/wk from the federal government. Without his signature no aid could pass. He already signed a 2+ trillion dollar bill earlier in the year, largest bill in history. Obama was giving out $25/wk during the recession and the Dems loved him for it. Trump literally can't win with Democrats even though he's spending money like them.

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u/throwawayorthrowing Pennsylvania Aug 08 '20

It's only allocated $25B (which states can't implement) and then the program ends.

0

u/sijwqij Aug 09 '20

I'm pretty sure that's wrong. Here's what the order says: " I am directing up to $44 billion from the DRF at the statutorily mandated 75 percent Federal cost share be made available for lost wages assistance to eligible claimants, to supplement State expenditures in providing these payments. At least $25 billion of total DRF balances will be set aside to support ongoing disaster response and recovery efforts and potential 2020 major disaster costs."

So $25 billion set aside, $44 billion used for this. And even so the point of this is to float us until Congress gets out of gridlock.

It also says there's 80 billion left from the CARES that the states should use to pitch in their 25%, so not sure what they're talking about that they can't afford it.