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Dec. 31 Deadlines Loom: What Happens If Congress Doesn’t Act



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With all the recent talk about impending Congressional action on an end-of-year coronavirus relief package, you would be forgiven for losing sight of what’s at stake if that legislation isn’t passed.

As of Dec. 31, 2020. programs that provide the following COVID-related relief will end:

Extra unemployment benefits of $300 per weekExtended weeks of unemployment benefitsUnemployment benefits for gig workers and self-employed individualsMoratorium on eviction for both renters and homeowners

Student loan deferment would also have been on the list, but Secretary of Education Betsy DeVos just extended the deadline one month, to Jan. 31.

Congress passed $900 billion in emergency coronavirus relief Dec. 21, 2020, and …

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