The Labor Department's pandemic-era 'first week' unemployment benefit program has been shut down for two years, but the department is still hoarding nearly $5 billion in cash that never got spent.
R. Emmett Tyrrell Jr.President Donald J. Trump’s name is printed on a stimulus check issued by the IRS to help combat the adverse economic effects of the COVID-19 outbreak in this April 23, 2020 photo taken in San Antonio. Early in the pandemic, …The Labor Department’s pandemic-era “first week” unemployment benefit program has been shut down for two years, but the department is still hoarding nearly $5 billion in cash that never got spent.
Unfortunately, inside the federal government it probably happens with troubling frequency, said Tom Schatz, president of Citizens Against Government Waste. Officially known as Temporary Full Federal Funding of the First Week of Compensable Regular Unemployment for States with No Waiting Week, or TFFF for short, the program was supposed to entice states to waive their one-week waiting period by covering that first week’s full payments.
“They cannot be used for anything else, and to infer that these funds could be used elsewhere is incorrect,” said Principal Deputy Assistant Secretary Brent Parton.But he said clawing it back now is premature because states may still come looking for money and the TFFF has to have the funds to cover it.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Nobel-winning economist Claudia Goldin’s forgotten discoveryOld school — refreshingly
Lire la suite »
Nobel Prize–winning economist Claudia Goldin’s forgotten discoveryOld school — refreshingly
Lire la suite »
Christopher Nolan Is The Perfect Choice To Save A Forgotten Tom Cruise FranchiseChristopher Nolan is the perfect candidate to revive Tom Cruise's forgotten sci-fi franchise while also resolving their supposed recent feud.
Lire la suite »
Jets mull trading forgotten receiver Mecole HardmanHe may not be a Jets afterthought much longer.
Lire la suite »
Forgotten 10-Year-Old Movie Starring Robert De Niro & Morgan Freeman Becomes Netflix HitA forgotten comedy film starring Robert De Niro and Morgan Freeman becomes a hit on Netflix a decade after it was a box office success.
Lire la suite »
New NYC memorial honors 1911 Triangle Shirtwaist factory fire deaths that catalyzed the US labor movementNew York City has added a new memorial to commemorate the 146 deaths that occurred during the 1911 Triangle Shirtwaist factory fire.
Lire la suite »