While Trump worries about his reelection prospects

An important source of income for roughly 30 million unemployed people in the United States is set to end, threatening their ability to meet rent and pay bills and potentially undercutting the fragile economic recovery.

In March, Congress approved an extra $600 in weekly unemployment benefits as part of its $2 trillion relief package aimed at offsetting the effect of the coronavirus pandemic. That additional payment expires next week unless it gets renewed.

  alJazeera

Former Federal Reserve Chairs Ben Bernanke and Janet Yellen urged Congress on Friday to do more to help the economy deal with the devastating coronavirus pandemic, such as extending increased unemployment benefits and providing assistance to hard-hit states and local governments, something many Republicans oppose.

The two former Fed leaders, making their first appearances before a congressional panel since leaving the central bank, praised the efforts already made by the Fed and Congress but said both should be ready to do more given the severity of the shock the economy has endured.

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Yellen and Bernanke, in a joint statement to a House Oversight subcommittee, said the new measure should provide substantial support to state and local governments.

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"The enormous loss of revenue from the recession, together with the new responsibilities imposed by the pandemic, has put state and local budgets deeply in the red."

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The administration of President Donald Trump and many GOP members of Congress are arguing for restraint, saying the federal government should not be bailing out states.

  alJazeera

They'd like to have the country collapse, apparently.

...but hey, do what you want...you will anyway.