About 12 million Americans will lose unemployment benefits in December when CARES Act provisions lapse, absent an extension, according to a new analysis.
Unemployment benefits will terminate for more than half of current recipients at the end of the year, coinciding with a lapse in federal protections for renters and a resumption in student loan payments.
That intersection may spell financial catastrophe for jobless workers without action from Congress or the White House, according to economists.
Read more at CNBC.
{Matzav.com}
