Democrats push for payroll subsidies, even for laid off workers – Business Insider


Democrats in the House and Senate are pushing for payroll subsidies to keep paychecks flowing amid increasing unemployment.Efforts led by Rep. Pramila Jayapal and Sen. Bernie Sanders aim to subsidize salary and benefits of up to $90,000 per worker.The bills also include a provision to rehire workers who were laid off.Visit Business Insider’s homepage for more stories. Democrats in the Senate and House are pushing for the federal government to subsidize paychecks in an effort to put a plug on the increasing unemployment rate. Even workers who were laid off would be put back on the payroll if the Democrats’ legislation becomes law. The effort by Democrats comes after the unemployment rate hit 14.7% in April. White House Economic Adviser Kevin Hassett predicted May’s unemployment rate could hit 20%. While a bipartisan provision
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