If you’re a small-business owner looking to hire back workers you were forced to lay off due to the COVID-19 economic shutdown, you shouldn’t have to face another government-created burden. But sadly, you’re facing just that.
Due to a flawed provision in the CARES Act, which House Democrats insisted be included, Americans are able to receive an additional $600 in federal unemployment insurance on top of their state unemployment benefits through July 31.
As a result, many individuals are now making more money while unemployed than they did while they were working. That provides a perverse incentive for Americans to stay home and not work, which is further crippling America’s small-business community.
What we need to do instead is to incentivize Americans to get back to work, rather than rely on the government.
That’s why we have introduced the Getting Americans Back to Work Act, which caps the amount of unemployment insurance individuals can receive at 100% of their previous wages.
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