'Americans Will Not Resume Work If We Keep Paying Them $600 A Week,' Munchkin Says -- Is It True?
US Treasury Secretary Steve Munchkin excluded the possibility of extending the $600 per week employment benefits for Americans during the pandemic.
In an interview with the ABC's "This Week" on Sunday, Munchkin stressed that many unemployed US citizens were being "overpaid" and had no incentive to return to the job market.
According to him, the unemployment benefits are supposed to be wage replacement; therefore, they should be linked to some percentage of wages and not a flat fee. He explained that the government's outdated computer systems were the reason for having a flat fee now.
The Treasury Secretary noted that Republicans targeted "enhanced
POSTED IN Journalist