Washington, DC (July 23, 2020) — As Senate Republicans continuing drafting a stimulus bill that will reform unemployment benefits, Alfredo Ortiz, President and CEO of Job Creators Network (JCN), released the following statement:
“In my ongoing conversations with Administration leaders, I have continued to stress that the $600 weekly unemployment benefits extension is incredibly burdensome to small business. So I’m glad to see that that extension is off the table. The Senate bill will limit the new payments to 70 percent of a worker’s wages and expand an employee retention tax credit for hard-hit businesses. While this limit is a step in the right direction, small businesses would have an easier time rehiring the nation’s workforce if this threshold was reduced to the 50 to 60 percent range. JCN has been pushing hard to make sure the $600 weekly benefits were not included in the Senate bill. In the letter we sent to Senate leaders on Friday, we pointed out that the current system incentivizes people to stay at home rather than go back to work. That is untenable and unacceptable. JCN will continue working closely with congressional and Administration leaders to make sure the final bill signed by President Trump includes these much-needed reforms.”
On Wednesday, Breitbart published Mr. Ortiz’s op-ed, Perpetual Unemployment Benefits Is Just Part of Democrats’ Broader Seattle-Style Socialist Agenda. To read it, click here.