Quantcast
Connect with us

Steve Mnuchin whines about people being ‘overpaid’ on unemployment: ‘There’s no question’

Published

on

Treasury Secretary Steve Mnuchin on Sunday complained that many people who receive unemployment benefits during the pandemic have been “overpaid.”

During an interview with ABC news, Mnuchin said that Republicans are pushing back against the $600 weekly federal unemployment benefit because it is more than many people received from their jobs.

“Unemployment is supposed to be wage replacement,” the Treasury secretary told ABC’s Martha Raddatz. “So it should be tied to some percentage of wages.”

ADVERTISEMENT

“We want to fix the issue where in some cases people are overpaid,” he continued. “And we want to make sure there’s the right incentives.”

“Do you do think it’s a disincentive to find a job if you have that extra $600?” Raddatz asked.

“There’s no question,” Mnuchin replied. “In certain cases, where we’re paying people more to stay home than to work, that’s created issues in the entire economy.”

Raddatz interrupted by pointing out a Yale study which found that there is no evidence that the $600 weekly payment is a disincentive to return to work.

“I went to Yale,” Mnuchin replied. “There are certain things, I don’t always agree.”

ADVERTISEMENT

Watch the video below from ABC.


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

2020 Election

‘So many bootlicking hacks’: Trump campaign ignites mockery with ‘hilarious’ list of potential debate moderators

Published

on

Trump's personal attorney Rudy Giuliani on Wednesday asked the Commission on Presidential Debates to move up the last presidential debate to the first week in September, according to Axios. In his letter to the commission, he also included a list of suggested moderators.

The list included several mainstream journalists, such as Norah O'Donnell of CBS News and David Muir of ABC News. But it also contained a number of right-wing pundits, like Hugh Hewitt.

Continue Reading

Breaking Banner

CNN’s Brianna Keilar explains why she battled Trump adviser: ‘You can’t just ignore BS — you have to shovel it’

Published

on

This Tuesday, CNN's Brianna Keilar got into a heated exchange with Trump campaign senior adviser Mercedes Schlapp, fact-checking her assertions that mail-in voting can lead to election fraud. This Wednesday, Keilar did a follow-up on the segment, saying that a coronavirus death in the U.S. is more than "2000-times likely to occur than a case of voter fraud in any type of election."

Keilar then addressed some criticism her network has received over its choice to interview Trump campaign officials when their struggles with the truth are well known.

Continue Reading
 

Breaking Banner

Jerry Falwell Jr has apologized to ‘everybody’ for bizarre yacht photo — and says mystery women is his wife’s assistant

Published

on

Liberty University President Jerry Falwell, Jr. says he has apologized to “everybody” after posting – then deleting – a disturbing photo showing him on a yacht with his arm around a woman he now says is his wife’s assistant, and in a state of undress that one of his students says would lead to a fine or expulsion.

Continue Reading
 
 
You need honest news coverage. Help us deliver it. Join Raw Story Investigates for $1. Go ad-free.
close-image