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GOP senators flag 'massive' error in coronavirus bill they say would encourage layoffs


Sucker

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Four Republican senators are warning that they will oppose fast-tracking the $2 trillion coronavirus response package unless a “massive drafting error” in the legislation, which they say would create an incentive for employers to lay off employees, is fixed.

"You want to destroy what's left of the economy? Pass it the way it’s written," Sen. Lindsey Graham, R-S.C., said in a press conference. "If you want to help people, pay them their wages, but don’t pay them more not to work."

 

The concern from Sens. Graham, Tim Scott, R-S.C., Ben Sasse, R-Neb., and Rick Scott, R-Fla., is that the current version could pay workers more in unemployment benefits than they're currently making, by sticking a $600 per week payment on top of ordinary benefits that are calculated as a percentage of income. This could disrupt the labor market further, the lawmakers warn.

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I think there should be a tradeoff where the unemployment benefit decreases every month passes by

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