• Many stimulus programs are due to expire at the end of 2020, threatening the US economy during the COVID-19 pandemic's most challenging phase

    5 days ago - By Business Insider

    Summary List Placement
    A number of critical COVID-19 economic relief programs will expire at the end of the year, which could force millions off of unemployment insurance, push many small businesses to permanently close, and raise the specter of mass evictions. This could threaten the stability of the US economy as the country enters an uncertain 2021.
    In March, during the early days of the coronavirus pandemic, the $2 trillion Coronavirus Aid, Relief, and Economic Security Act, or CARES Act, easily passed both houses of Congress with bipartisan support, providing a lifeline to recently...
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  • If your pandemic unemployment benefits are expiring at the end of the year, here's a list of other resources for help with mortgage payments, student loans, groceries, and more

    If your pandemic unemployment benefits are expiring at the end of the year, here's a list of other resources for help with mortgage payments, student loans, groceries, and more

    5 days ago - By Business Insider

    Summary List Placement
    Many people who have lost work are set to lose important unemployment benefits on December 26, 2020, when the pandemic emergency unemployment and extended benefits under the CARES Act expire.
    Data from The Century Foundation estimates that about 12 million workers will lose these benefits when the programs expire.
    With no end to the pandemic in sight, other government agencies are the next best place to turn for assistance with student loan payments, mortgage loan forbearance, and even help with groceries.
    Government programs like income-based repayment for student...
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