$300 enhanced unemployment benefits won't be extended beyond Sept. 6

Money
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By , 1010 WINS Newsroom

The Biden administration will not reinstate enhanced weekly $300 unemployment benefits set to expire on Sept. 6, Treasury Secretary Janet Yellen and Labor Secretary Marty Walsh wrote in a letter to Senate committee leaders Thursday.

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The alternative? Yellen and Walsh are instead urging states and cities to use their allotment of COVID-19 rescue funds.

"The temporary $300 boost in benefits will expire on September 6th, as planned," they wrote. "As President Biden has said, the boost was always intended to be temporary and it is appropriate for that benefit boost to expire."

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Several states with Republican governors have already dropped the benefits, citing the unemployment rate dropping to 5.4% and claiming the extra money prevents people from getting people back to work.

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