Title: What The New Stimulus Package Means For Your Unemployment Benefits – Forbes Advisor
Headings: New Stimulus Package: Unemployment Benefits, $300 Per Week Extended Until September
New Stimulus Package: Unemployment Benefits, $300 Per Week Extended Until September
Calculator: Biden’s $300 Unemployment Bonus: Calculate How Much Could You Receive In Your State
$300 Weekly Unemployment Benefit Extension Until Sept. 6
When Will You Get Your Benefits?
Are The Expanded Unemployment Benefits Enough?
How $100 Delayed the Senate Vote

Content: That left workers with smaller payments—or no benefits at all—while they waited for their claims to get approved. It’s almost certain that similar payment gaps will take place again as states hustle to implement program changes and re-enroll people who had exhausted their benefits prior to the extension. That could leave millions of Americans scrambling to meet their financial obligations in the meantime. On Friday, the IRS released guidance asking people to be patient and not file an amended return, promising that they would provide further guidance on how to receive the tax-free benefit very soon. Are The Expanded Unemployment Benefits Enough? One big question remains: Will this round of aid be enough to cushion American workers’ finances until the job market recovers? U.S. gross domestic product—a major indicator of economic health—is expected to return to pre-pandemic levels by the middle of 2021, according to projections by the nonpartisan Congressional Budget Office. If the employment situation improves drastically over the summer as vaccinations increase and employers can hire with confidence, Congress may not feel a need to pass any further stimulus packages. If the unemployment rate, which now sits at 6.2%, doesn’t bounce back in line with the vaccination rate and overall economic recovery in the U.S., it could create dire circumstances for more than 9 million out-of-work Americans.