Extending CERB for months could double $60-billion budget, PBO report suggests

Article Link: https://torontosun.com/news/national/extending-cerb-for-months-could-double-60-billion-budget-pbo-report-suggests/wcm/f270c159-5775-4191-a7af-9b8878f8d97a

Discussion posted by: IRWeasel

OTTAWA — Parliament’s spending watchdog has put a price tag around talks to extend the Canada Emergency Response Benefit, estimating it could potentially double the current $60-billion budget. Under one scenario parliamentary budget officer Yves Giroux looked at, the government would claw back 50 cents of each dollar earned over $1,000 and allow recipients to receive an additional 12 weeks of benefits.