Sign up for our newsletter

Below is a report that DML News gives a 4 OUT OF 4 STARS trustworthiness rating. We base this rating on the following criteria:

  • Provides named sources
  • Reported by more than one notable outlet
  • Does not insert opinion or leading words
  • Includes supporting video, direct statements, or photos

Click here to read more about our rating system.

As the most reliable and balanced news aggregation service on the internet, DML News App offers the following information published by TheHill.com:

Treasury Secretary Steven Mnuchin on Sunday threw cold water on the prospect of extending $600-per-week unemployment benefits for Americans for the duration of the COVID-19 pandemic.

In an interview with ABC’s “This Week,” Mnuchin suggested that the payments, which expired last week, led to some out-of-work Americans being “overpaid” and indicated that he believed they were slowing the return of workers to the labor market.

The article goes on to state the following:

“Unemployment is supposed to be wage replacement, so it should be tied to some percentage of wages,” he said. “The fact that we had a flat number was only an issue of an emergency where we had 30-year-old computer systems.”

“I think on the concept we absolutely agree on enhanced unemployment,” he continued. “We want to fix the issue where in some cases people are overpaid, and we want to make sure there’s the right incentives [to get back to work].”

“In certain cases where we’re paying people more to stay home than to work, that’s created issues in the entire economy,” Mnuchin added.

WATCH:

To get more information about this article, please visit TheHill.com.

Sign up for our newsletter
Previous articleREPORT: Ginsburg waited months to say her cancer had returned
Next articleVIDEO: Trump to act on Chinese software companies in coming days, Pompeo says

4 COMMENTS

  1. Then stop the stupid lockdowns and masks . Sweden didn’t do any of this and they are not having this thing bloated with figures to make it fit their narrative for a fear mongering takeover . And then Again Sweden gave their country over to the Muslims. Throw Fauci the lying bum in Jail . Actually show the people his 2016 Georgetown University speech . How did he know about the virus 4 years ahead of time if he isn’t to blame. And that’s not all.

  2. Going forward regular unemployment benefits only for those actually seeking employment and no added amount (600:00 extra), like they did this last round! People need incentives to go back to work and not be collecting more $$$ than they would if employed!

LEAVE A REPLY

Please enter your comment!
Please enter your name here