(Yahoo) Another fiscal cliff is looming for millions of unemployed Americans.
The Pandemic Unemployment Assistance (PUA) and the Pandemic Emergency Unemployment Compensation (PEUC) programs are set to expire at the end of 2020, leaving around 15 million jobless workers without any unemployment benefits unless Congress steps in.
“You’re really seeing a huge black-and-white change from very aggressive help to the unemployed, to almost nothing in a matter of months,” Andrew Stettner, an unemployment insurance expert and senior fellow at the Century Foundation, told Yahoo Money. “It’s just a really untimely and very disastrous situation to let these benefits expire the day after Christmas.”