The price of Washington's stimulus failure

Under the CARES Act, unemployed Americans received an extra $600 per week in enhanced benefits. But those benefits expired at the end of July.

Democrats assert the extra money is necessary to keep working Americans afloat, while Republicans largely think it’s a disincentive to work.

Last month, President Trump signed an executive order supplementing unemployment benefits at $400 per week. But it stated that the federal government would only pay $300, while cash-strapped states must pitch in the rest. Last week, Florida announced it was dropping the program due to the cost.

Why it matters: 30 million Americans are still receiving unemployment benefits.

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