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States on hook for billions under Trump's unemployment plan

Donald Trump
Posted at 10:28 PM, Aug 09, 2020
and last updated 2020-08-10 00:28:27-04

FALLS CHURCH, Va. (AP) — A plan from President Donald Trump to extend additional unemployment benefits requires states to provide 25 percent of the funds, and it's unclear whether states have the money or the will to do it.

Trump issued an executive order Saturday to provide an additional $400 a week in benefits after Congress failed to extend a $600 weekly benefit.

But Trump's plan requires states to kick in $100 a week, and many states are already suffering budget woes related to the coronavirus.

Connecticut Gov. Ned Lamont says it would cost his state alone $500 million to provide the extra benefit through the rest of 2020.

Click here to read the full Associated Press report.