600 government assistance could be coming to an end

Video Credit: WPTV News | West Palm Beach
Published on July 28, 2020 - Duration: 01:46s

600 government assistance could be coming to an end

Some lawmakers are looking at a different formula moving forward instead of extending the $600 payments.


600 government assistance could be coming to an end

FOR MONTHS.

TONIGHT - WPTVNEWSCHANNEL 5'S TODD WILSONSPOKE WITH A SOUTH FLORIDA MANWHO SPENT WEEK AFTER WEEK -FIGHTING FOR THOSEUNEMPLOYMENT BENEFITS..<< SOT 00:53) 3 SEC "I WASWORKING FOR WYNDHAM RESORTS,WYNDHAM DESTINATIONS, ANDHOTEL." NATS: (VO) BUT SINCEMID-MARCH JERRY HOROWITZ HASBEEN OUT OF WORK BECAUSE OFCOVID-19.

(SOT 01:48:26) 5 SECTHEY FURLOUGHED THE ENTIREOFFICE BECAUSE OBVIOUSLY THEHOTEL INITIALLY CLOSED.

NATS:(VO) HE APPLIED FORUNEMPLOYMENT AND WAS INITIALLYDENIED.

EVEN ONCE APPROVED -HOROWITZ SAID THE PAYMENTSWERE HIT OR MISS.

ALSO, THEFEDERAL ASSISTANCE WASINCONSISTENT - BUT NOW THE 600DOLLAR EMERGENCY PAYMENTS AREEXPIRING.

(SOT 09:32:09) 7 SECMY THEORY'S THAT IF YOU GIVETHEM A FIXED NUMBER AND THEYCAN'T FIGURE OUT HOW TO GETYOU THAT FIXED NUMBER.

HOW ARETHEY GOING TO FIGURE OUT 70%OF EVERYBODY?

NATS: (VO) SOMELAWMAKERS ARE LOOKING AT ADIFFERENT FORMULA - MOVINGFORWARD - INSTEAD OF EXTENDINGTHE 600-DOLLAR PAYMENTS.

AMONGTHE PROPOSALS... 70- PERCENTWAGE REPLACEMENT - THAT COULDBE PART OF A NEW COVID RELIEFPACKAGE.

KEITH SINGER WITHSINGER WEALTH SAID THEGOVERNMENT AID HAS BEEN ABOOM.

(SOT 1:42:21) 14 SEC YOUDON'T WANT PEOPLE TO GET MOREBY NOT WORKING.

YOU WANT ASYSTEM WHERE YOU'RE GOING TOGET INCENTIVIZED TO WORK.HOWEVER, THE ECONOMY IS REALLYEATING EVERYONE HAVING ALLTHIS EXTRA MONEY.

NATS: (VO)SINGER SAYS REAL ESTATE ISHOLDING UP..

BUT THAT TOO HASBEEN HELPED BY GOVERNMENT AID.(SOT 2:53:) 11 SEC REAL ESTATEWAS SURPRISINGLY GOOD FOR THELAST TWO MONTHS IN TERMS OFRENT COLLECTION.

THAT IS 100%TO DO WITH THE $600 PAYMENTPEOPLE HAVE BEEN GETTING.NATS: (VO) HOROWITZ TOLD MEFINANCIALLY THINGS LOOK ROUGH.(SOT 10:25) 2 SEC I STARTEATING UP MORE OF MY 401K ANDMY SAVINGS.

NATS: (VO) IN PALMBEACH COUNTY, TODD WILSON WPTVNC5

You are here

You might like