reserving the right to object, the CARES Act provides an additional $600 per week to those who are receiving, through their States, unemployment insurance. In Wyoming we have a generous unemployment insurance program to help people who are out of work, and the CARES Act adds to that, essentially, a bonus payment of $600 additional per week. For a 40-hour workweek, that comes down to an average of about a $15-an-hour bonus for not being able to go back to work, and that is on top of their regular unemployment benefits. Well, since the CARES Act has passed, what we have seen is that this additional $600 per week means that most recipients are paid more for not working than they would make if they actually were on the job working. This fact has been confirmed by news reports, by academic researchers, and by the Congressional Budget Office. Even former Obama administration Treasury Secretary Tim Geithner, along with President Obama's Chair of the Council of Economic Advisers, agrees that $600 per week on top of unemployment insurance through the States is too much. We have ``help wanted'' signs all around my State. I talked to the people at unemployment insurance, who run the program. They tell me that they are having many people who are getting paid much more than if they would work, if they would take the jobs where you have employers out there hoping, looking for employees to come and work. You can't continue to pay people more to not work than to work.…
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