Biden's Unemployment Proposal Could Replace 86% of Lost Wages

Maurie Backman, The Motley Fool
·3-min read
Biden's Unemployment Proposal Could Replace 86% of Lost Wages

As such, a lot of jobless people are struggling these days despite the unemployment benefits they may be collecting. Last week, Joe Biden revealed a $1.9 trillion coronavirus relief package called the American Rescue Plan. Not only does it include additional stimulus checks worth $1,400 apiece, but also extended and enhanced unemployment benefits.