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76 Million Americans at Risk of Losing Income Without Stimulus: Census
Posted
December 3, 2020
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December 3, 2020
617
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Dec 3, 20201:20Now PlayingAbout 76 million Americans expect someone in their household to suffer a drop in income over the next few weeks, in a holiday season marked by the pending expiration of government benefits as well as new pandemic-related restrictions, according to the latest Census Bureau survey.
The figure, from the bureau’s regular Household Pulse study completed on Nov. 23, is up by almost 11 million compared with the late-August edition.
Part of the increase likely stems from the looming end of federal income support for people hit by the coronavirus slump. While some measures to help the unemployed have already wound down, two more programs -- which extended the duration of jobless benefits, and expanded them to include gig workers and freelancers -- are both due to lapse on Dec. 26. Congress has been deadlocked for months over a new stimulus package that could prolong or replace them.
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