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Jakarta, CNBC Indonesia – Unemployment benefits for citizens of the United States (US) could end on Saturday local time because President Donald Trump refused to sign the pandemic assistance law worth 2.3 trillion dollars or around Rs 33,350 trillion (exchange rate of Rs 14,500 to the dollar).
Trump surprised Republicans and Democrats when he said this week he was unhappy with the law, which provides $ 892 billion in coronavirus assistance, according to Reuters.
This includes extending emergency unemployment benefits that expire on December 26 and $ 1.4 trillion for normal public spending.
According to data from the Labor Department, without Trump’s signature, around 14 million people could lose these extra benefits. The government shutdown will begin Tuesday, putting millions of government workers at risk, unless Congress can pass a government funding bill before then.
After months of disagreement, Republicans and Democrats approved the package last weekend, with the backing of the White House. Trump, who handed over power to Democratic President-elect Joe Biden on January 20, has no objection to the terms of the deal before Congress votes Monday night.
But he has since complained that the bill provides too much money for special interests, cultural projects and foreign aid. Meanwhile, providing a $ 600 stimulus check to millions of struggling Americans was too small. He demanded that it be raised to $ 2,000.
[Gambas:Video CNBC]
(hps / hps)
