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Reports & Issue Briefs

The CARES Act provided a $600 weekly federal benefit supplement, known as Federal Pandemic Unemployment Compensation (FPUC). Allowing FPUC to expire as scheduled on July 31st not only would damage the well-being of American families, but it also would strike a severe blow to businesses and the economy. Data from April show that FPUC alone offset roughly 30 percent of the loss in private-sector wages and salaries.