AP Top Technology News at 11:36 a.m. EDT – Yahoo News

AP Top Technology News at 11:36 a.m. EDT – Yahoo News

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Yikes, Trump’s Unemployment Money Is Already Gone In Some States

Back in early August, Congress couldn’t agree on the next stimulus bill before its month-long recess — Democrats wanted it beefy, providing a lot more funding to state and local governments as well as resuscitating the $600/week unemployment supplement that was keeping many Americans alive. But negotiations crumbled, and Congress adjourned until after Labor Day. President Trump then stepped in to sign an executive order decreeing a new weekly boost to meager state unemployment benefits, at a rate of $300/week — except that $300/week was coming from leftover funds in another federal program, not new funds authorized by Congress.  That’s why just a month later, Trump’s Lost Wages Assistance program is already out of money in some states. Bloomberg reports that officials in Montana, Texas, and New Mexico were told on Wednesday that this past Saturday, September 5th, was the last week these states would receive the $300 federal assistance to unemployment benefits.  Meanwhile, in other states, the Lost Wages Assistance program is just getting its start. As of late August, only a handful of states had even been approved for the program — states had to voluntarily choose to participate, and then be
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