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President-elect Joe Biden’s pandemic relief package would extend income support for millions of unemployed workers through September 2021 and increase jobless benefits by $400 a week, according to an outline obtained by CNBC.
Biden would also phase out higher unemployment benefits automatically over time, tying aid to economic and health conditions, according to the plan.
Such a measure would relieve Congress of drawing up new relief measures every few months, thereby avoiding a benefits cliff like one workers experienced in December.
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Extra unemployment won’t be available to some workers for weeks