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Forum nameGeneral Discussion
Topic subjectwhat do you think about the CARES act?
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13373426&mesg_id=13375220
13375220, what do you think about the CARES act?
Posted by mista k5, Thu Mar-26-20 09:43 AM
i think this is still the full bill that passed the senate

https://www.politico.com/f/?id=00000171-1246-d270-a773-775f028f0000&nname=playbook-pm&nid=0000015a-dd3e-d536-a37b-dd7fd8af0000&nrid=0000014e-f117-dd93-ad7f-f9179e060001&nlid=964328

i think its a pretty good step.

i originally thought unemployment would be capped at 100% with a max increase of $600 to what the state provides. looks like its $600 on top of what the state gives you even if that puts you over 100%. im not mad at it but i am surprised.

i wonder if they expect companies to increase the salary for the people that are not laid off.

i also worry about some people that need help that might still not be covered under this bill. im thinking people who have hours cut but arent being laid off. or maybe they have had reduced hours for weeks and unemployment will go off that number for their unemployment. i guess the $600 would probably cover that. what about people on family leave? that is usually only a percentage of their pay, will this help them?

i do think people and companies need to be encouraged as much as possible to stay home. i think the bill does that to some degree. not sure if there is anything in there to incentivize companies to push people to work from home.