Emily
Editor, Senior Moderator
It's a steep cliff looking at just New York's numbers. The consequences could be huge, not only for the unemployed, but for 2022 if the economy tanks.
https://www.washingtonpost.com/us-po...t-white-house/
Economic Policy
At odds with boss, some Biden aides privately alarmed as millions of workers head over jobless benefits cliff
Some White House officials are split on what will happen when the benefits cease next week, but advisers downplayed any rift.
By Jeff Stein
September 3, 2021 at 6:07 p.m. EDT
Biden administration officials have been at odds over the consequences of allowing unemployment benefits to expire for millions of workers next week, with numerous White House economic advisers frustrated by President Biden’s support for letting the aid lapse.
In private conversations, senior officials across multiple parts of the government — including the White House National Economic Council, the White House Council of Economic Advisers, the Office of Management and Budget, and the Labor Department — have made clear they think the cutoff of benefits poses a serious danger to millions of Americans who remain out of work, according to two senior administration officials and five people in frequent communication with administration officials.
...
Alessandra Biaggi (D), a New York state senator, said it could cost her state several billion dollars per month to fund unemployment benefits for the 1.6 million New Yorkers on pandemic benefits....
https://www.washingtonpost.com/us-po...t-white-house/
Economic Policy
At odds with boss, some Biden aides privately alarmed as millions of workers head over jobless benefits cliff
Some White House officials are split on what will happen when the benefits cease next week, but advisers downplayed any rift.
By Jeff Stein
September 3, 2021 at 6:07 p.m. EDT
Biden administration officials have been at odds over the consequences of allowing unemployment benefits to expire for millions of workers next week, with numerous White House economic advisers frustrated by President Biden’s support for letting the aid lapse.
In private conversations, senior officials across multiple parts of the government — including the White House National Economic Council, the White House Council of Economic Advisers, the Office of Management and Budget, and the Labor Department — have made clear they think the cutoff of benefits poses a serious danger to millions of Americans who remain out of work, according to two senior administration officials and five people in frequent communication with administration officials.
...
Alessandra Biaggi (D), a New York state senator, said it could cost her state several billion dollars per month to fund unemployment benefits for the 1.6 million New Yorkers on pandemic benefits....
