Mnuchin on $600 Unemployment Benefit: We Can't Be 'Paying People More to Stay Home'

Mnuchin on $600 Unemployment Benefit: We Can't Be 'Paying People More to Stay Home'


Sunday on ABC’s “This Week,” Treasury Secretary Steven Mnuchin said the $600 unemployment benefits for Americans during the coronavirus pandemic was giving people an incentive to stay away from work.

Mnuchin said, “Unemployment is supposed to be wage replacement, so it should be tied to some percentage of wages.”

He added, “The fact that we had a flat number was only an issue of an emergency, 30-year-old computer systems. So I think on the concept we absolutely agree on enhanced unemployment, we want to fix the issue. In some cases, people are overpaid, and we want to make sure there’s the right incentives. We put on a table a proposal, let’s extend at the same rate white we negotiate.”

Trending: Patriots Paint BACK THE BLUE Mural Outside Police Headquarters In Tampa!

Host Martha Raddatz said, “Do think it’s a disincentive to find a job if you have that extra $600?”

Mnuchin said, “There’s no question in certain cases where we’re paying people

Continue reading

You Might Like

Do NOT follow this link or you will be banned from the site!
Send this to a friend