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GOP Sen. Ben Sasse of Nebraska on Saturday said he would introduce legislation to grant signing bonuses to new hires, as the latest jobs report on Friday fell far short of expectations.

In an email, Sasse said that the proposed National Signing Bonus Act would redirect expanded unemployment benefits, which have been a lifeline for millions of Americans during the COVID-19 pandemic, into signing bonus payments for new hires.

Under Sasse’s plan, individuals who are hired by July 4 would receive a two-month signing bonus “equal to 101 percent of their current unemployment payment.” 

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