As rough as the pandemic has been on the U.S. economy, things might get even worse after this week.
For millions of Americans, this is the final week they’ll get an extra $600 a week as part of their federal unemployment benefits. The payments, which were part of the federal stimulus package passed back in April, are set to expire July 31st – but effectively end late this week for most recipients.
House Democrats want to extend those payments, while Senate Republicans argue that it keeps people from looking for work. Both chambers of Congress are expected to work on a new stimulus package this week.