President Trump approves Louisiana $300 unemployment bonus

Unemployment
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President Donald Trump announced Saturday via his Twitter account that he has approved Louisiana's and other states' applications for the unemployment benefits made available via an executive order announced last week.

Great work by the Governors of AZ, IA, LA, and NM (@DougDucey @IAGovernor @LouisianaGov & @GovMLG) who responded to my Executive Action and promptly submitted applications, that we APPROVED QUICKLY, to support Americans out of work because of the ChinaVirus. More states to come!

— Donald J. Trump (@realDonaldTrump) August 15, 2020

Louisiana Gov. John Bel Edwards announced earlier this week that the $300 additional payment would be retroactive to August 1, when the $600 in additional federal money expired.

The president announced the executive order when members of Congress could not agree on a new package of economic stimulus and benefits to ease the financial impact of the coronavirus pandemic.

The money is coming from an existing FEMA fund. States have the option to add an additional $100 to the payments, but Gov. Edwards says the state has already set its budget and has allocated all of the CARES Act money it received to other programs.