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Trump's $300 Lost Wage Assistance Benefit Ended in 10 States

By: capt_nemo in WRGO | Recommend this post (0)
Sat, 26 Sep 20 7:55 AM | 13 view(s)
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Trump's LWA executive order expired on September 5. That ends his $300 special assistance checks executive order.
Weekly Check Background

On August 8, I noted Trump Signs 4 Executive Orders, One Requires States Pay 25% of the Cost.

The LWA executive order provided $400 weekly pandemic assistance to the unemployed, retroactive to August 1, but required states to kick in $100 of it. Only West Virginia did.

Effectively, the $400 weekly benefit morphed into $300.

The executive order made up for 50% of the loss of the $600 weekly pandemic assistance benefits that expired on July 25.

Out of Time and Money

The max amount of the Trump's LWA executive order payout was $44 billion.

The money (and the clock) just ran out.

CNET reports the $300 Unemployment Payment Ended in Some States.

Trump's executive memo called for the federal government to supply $300 a week in extra unemployment benefits for six weeks, starting retroactively on Aug. 1. Those states that already received and sent out Lost Wages Assistance (LWA) to unemployment recipients have reached their six weeks, meaning the bonus checks will come to an end soon.

Nevada applied for assistance on Sept. 2 and is waiting for approval, and South Dakota is the only state to choose not to apply for assistance. Arizona was the first state to send out the $300 bonus, on Aug. 17.

Ten State Ending LWA

Texas
Utah
Iowa
Arizona
Alabama
Montana
Tennessee
Louisiana
Oklahoma
Missouri
Six Weeks Have Passed

Six weeks ended on September 5 if payments started on time or were issued retroactively.

Some states with antiquated systems have yet to send out a check.

For those states, it is unclear when the money will be sent, or if it's weekly or in a lump sum.

Restrictions

There will be some people receiving unemployment payments who will not be able to take advantage of additional funding. The US Department of Labor (PDF) on Aug. 11 sent out guidance about the eligibility requirements for the LWA. Claimants would have to be eligible for a minimum $100 from a state's unemployment benefits program to qualify for the additional $300 federal funds. This would disqualify 1 million people, according to the New York Times.

What About Regular State Assistance

http://www.thestreet.com/mishtalk/economics/trumps-300-lost-wage-assistance-benefit-ended-in-10-states




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