Unemployment Update: Insane Reports of Republicans Considering $100/Week FPUC

So this is just in, and it’s scary if true.

In my second video yesterday I told you what Trump said when asked about the extension of the supercharged unemployment benefits ending this month, the $600 (FPUC) that many are collecting.

Well today, CNBC is reporting, based of course on anonymous sources, that Republicans are considering extending the federally-funded unemployment benefits through the end of the year to the tune of $400 per month.

Or $100 per week.

That is insane, people.  $100 per week?  Might as well throw in a one-year membership to the jelly of the month club, right?

Look, I perfectly understand the rationale of not paying people more on unemployment than they would have made if they were still working.

And I perfectly understand going into a negotiation low if you’re on that side of the bargaining table.

When you purchase real estate or whatever right, you throw in a low offer, some would say lowball, but at a certain level, if you go disgustingly low, your offer becomes offensive.

And if this is true — and I don’t know if it is, this is not from the mouth of Mitch McConnell or any Republican directly that we know of, it’s simply anonymous sources for CNBC — but if true, this $100 a week is simply offensive.

I mean come on.  In my home state of California we’re shutting down again, people will not be able to work.  They literally can’t work because the industries they’re working in are shutting down again due to COVID-19 spread.

And do you know the maximum state unemployment benefit in California?  $450 per week if you make a certain amount of money, an extra $100 a week would be $550 a week or roughly $2,200 a month.  That is less than the average rent for units of all sizes in Los Angeles.

$100 a week on top of state unemployment is a joke, it’s offensive, and frankly that’s all the material Democrats would need in November to crush GOP contenders — all they would have to do is say remember, folks, who the guys are who wanted to take the FPUC from $600 down to $100 per week.

Now again, I want to stress that this is just CNBC reporting this based on anonymous sources. Trump said something about in the Republican bill it’ll be 70% of the amount, I can’t do the math to back into 70% of some existing amount resulting in $100 per week, it doesn’t make sense to me.

So I don’t know, maybe Trump was confused or CNBC is mistaken or they were misled by sources, or maybe Republicans are actually proposing reducing the FPUC from $600 to $100 weekly.