Report: Biden Admin Paid $271 Million In Unemployment Checks To Millionaires In Two Years
Good news for millionaires and billionaires: They are currently eligible for unemployment benefits, whether they need it or not. That has been true since 1964 when the Department of Labor determined unemployment is for all eligible workers no matter their income level. In 2022, The Biden Administration paid unemployment compensation to 5,773 people earning $1 million or more, with nearly $58 million going to out-of-work millionaires. It is an average of nearly $10,000 per person. In 2021, a COVID quarantine year with extra dough baked into unemployment, 14,972 people earning $1 million or more received unemployment compensation. The Biden Administration...