WJON — St. Cloud State Economist, Dean School of Public Affairs, King Banaian joined me on WJON today. King says the $600 extra unemployment dollars many have received over the last few months ended July 31. Democrats and Republicans have been debating extending the extra unemployment dollars with the democrats wanting the dollar amount to stay at $600 while republicans prefer $200. King says $400 would be a natural compromise. He is confident the two sides will come up with an agreement. Banaian says these payouts from the federal government is expected to add up to 2 Trillion dollars to the National debt by October.
Listen: Banaian; 2 Trillion to be Added to National Debt [PODCAST]