\"Start Here\" offers a straightforward look at the day's top stories in 20 minutes. Listen for free every weekday on Apple Podcasts, Google Podcasts, Spotify, the ABC News app or wherever you get your podcasts.

Editor's note: The story has been updated to clarify that the data from the Aspen Institute measures individuals, not households.

","canonicalUrl":"https://abcnews.com/Business/theyre-fall-off-cliff-august-set-bring-financial/story?id=71785293","legacySlug":"/news/story/theyre-fall-off-cliff-august-set-bring-financial-71785293","noIndexNoFollow":false},"publishTime":"09:03","publishDate":"07-24-2020","updatedTime":"21:06","updatedDate":"07-27-2020","socialImage":{"alt":"Voluteers distribute food to recipients at the Giving Hope Food Pantry during a food giveaway in New Orleans, July 21, 2020, to assist people who have lost income during the COVID-19 pandemic.","credit":"Gerald Herbert/AP","ratio":"16x9","url":"https://s.abcnews.com/images/US/louisiana-food-bank-ap-rc-200721_hpMain_2_16x9_1600.jpg","width":992,"height":558},"datePublished":"7/24/2020 09:03:00 GMT","video":{"live":false,"id":71785293,"headline":"Millions brace for new financial anguish in August","mediaAssetTitle":"AUGUST CRUNCH","description":"The extra $600 a week in unemployment is set to expire at the end of July. ","duration":"6:53","posterImg":{"url":"https://s.abcnews.com/images/GMA/default-img-undefined.png","width":608,"height":342},"video":{"feed":"https://service-pkgabcnews.akamaized.net/opp/hls/abcnews/2020/07/200724_ntl_covid_1220_,500,800,1200,1800,2500,3200,4500,.mp4.csmil/playlist.m3u8"},"playlist":["136167797","136138471","135998990"]},"relatedItems":[{"contentType":"video","date":"September 3, 2026","headline":"Staffer injured, gunman dead in shooting at VA elementary school ","section":"News","slug":"/video/136167797","id":"136167797","image":{"alt":"VIDEO: Thomas VA. Shooting","credit":"ABCNews.com","ratio":"1x1","url":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_1x1_608.jpg","width":384,"height":384},"images":{"alt":"VIDEO: Thomas VA. Shooting","credit":"ABCNews.com","crops":[{"16x9":{"small":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_16x9_608.jpg","medium":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_16x9_992.jpg","large":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_16x9_1600.jpg"}},{"9x16":{"small":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_9x16_608.jpg","medium":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_9x16_992.jpg","large":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_16x9_1600.jpg"}},{"1x1":{"small":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_1x1_608.jpg","medium":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_1x1_992.jpg","large":"https://s.abcnews.com/images/GMA/260903_gma_thomas_hpMain_1x1_1600.jpg"}}]}},{"contentType":"video","date":"September 2, 2026","headline":"US launches new strikes on Iran amid gas price crunch for Labor Day","section":"News","slug":"/video/136138471","id":"136138471","image":{"alt":"VIDEO: US launches new strikes on Iran amid gas price crunch for Labor Day","credit":"ABCNews.com","ratio":"1x1","url":"https://s.abcnews.com/images/GMA/260902_gma_bruce_iran3_706_hpMain_1x1_608.jpg","width":384,"height":384},"images":{"alt":"VIDEO: US launches new strikes on Iran amid gas price crunch for Labor Day","credit":"ABCNews.com","crops":[{"16x9":{"small":"https://s.abcnews.com/images/GMA/260902_gma_bruce_iran3_706_hpMain_16x9_608.jpg","medium":"https://s.abcnews.com/images/GMA/260902_gma_bruce_iran3_706_hpMain_16x9_992.jpg","large":"https://s.abcnews.com/images/GMA/260902_gma_bruce_iran3_706_hpMain_16x9_1600.jpg"}},{"9x16":{"small":"https://s.abcnews.com/images/GMA/260902_gma_bruce_iran3_706_hpMain_9x16_608.jpg","medium":"https://s.abcnews.com/images/GMA/260902_gma_bruce_iran3_706_hpMain_9x16_992.jpg","large":"https://s.abcnews.com/images/GMA/260902_gma_bruce_iran3_706_hpMain_16x9_1600.jpg"}},{"1x1":{"small":"https://s.abcnews.com/images/GMA/260902_gma_bruce_iran3_706_hpMain_1x1_608.jpg","medium":"https://s.abcnews.com/images/GMA/260902_gma_bruce_iran3_706_hpMain_1x1_992.jpg","large":"https://s.abcnews.com/images/GMA/260902_gma_bruce_iran3_706_hpMain_1x1_1600.jpg"}}]}},{"contentType":"video","date":"August 27, 2026","headline":"Severe weather and flooding threat for Northeast","section":"News","slug":"/video/135998990","id":"135998990","image":{"alt":"VIDEO: Severe weather and flooding threat for Northeast","credit":"ABCNews.com","ratio":"1x1","url":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_1x1_608.jpg","width":384,"height":384},"images":{"alt":"VIDEO: Severe weather and flooding threat for Northeast","credit":"ABCNews.com","crops":[{"16x9":{"small":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_16x9_608.jpg","medium":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_16x9_992.jpg","large":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_16x9_1600.jpg"}},{"9x16":{"small":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_9x16_608.jpg","medium":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_9x16_992.jpg","large":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_16x9_1600.jpg"}},{"1x1":{"small":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_1x1_608.jpg","medium":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_1x1_992.jpg","large":"https://s.abcnews.com/images/GMA/260827_gma_zee_storm1_hpMain_1x1_1600.jpg"}}]}}],"relatedContentSection":"news","schemaContent":{"name":"Millions brace for new financial anguish in August","description":"The extra $600 a week in unemployment is set to expire at the end of July. ","duration":"6:53","uploadDate":"07-24-2020","publication":"07-24-2020","images":"https://s.abcnews.com/images/GMA/default-img-undefined.png","url":"https://service-pkgabcnews.akamaized.net/opp/hls/abcnews/2020/07/200724_ntl_covid_1220_,500,800,1200,1800,2500,3200,4500,.mp4.csmil/playlist.m3u8","contentUrl":"https://service-pkgabcnews.akamaized.net/opp/hls/abcnews/2020/07/200724_ntl_covid_1220_,500,800,1200,1800,2500,3200,4500,.mp4.csmil/playlist.m3u8","link":"https://www.goodmorningamerica.com/news/story/theyre-fall-off-cliff-august-set-bring-financial-71785293"}},"playlist":[{"id":"136312798","contentType":"story","section":"news"},{"id":"136301180","contentType":"story","section":"news"},{"id":"136298965","contentType":"story","section":"news"},{"id":"136281904","contentType":"story","section":"news"},{"id":"136272199","contentType":"story","section":"news"},{"id":"136258585","contentType":"story","section":"news"},{"id":"136253720","contentType":"story","section":"news"},{"id":"136206646","contentType":"story","section":"news"},{"id":"136207221","contentType":"story","section":"news"},{"id":"136153308","contentType":"story","section":"news"},{"id":"136187449","contentType":"story","section":"news"},{"id":"136176545","contentType":"story","section":"news"},{"id":"136099310","contentType":"story","section":"news"},{"id":"136093522","contentType":"story","section":"news"},{"id":"135156413","contentType":"story","section":"news"},{"id":"135940652","contentType":"story","section":"news"},{"id":"135916584","contentType":"story","section":"news"},{"id":"135835493","contentType":"story","section":"news"},{"id":"135803895","contentType":"story","section":"news"},{"id":"135768595","contentType":"story","section":"news"}],"kvps":{"pgtyp":"article","lang":"en","sp":"goodmorningamerica","programmatic":"true","bundleId":"com.abcnews"}},"analytics":{"accountID":"wdgnewwdgnewgmaweb","ns":"gma","pageName":"gma:news:video","pageType":"video","globalSpecVersion":"v1.08","siteDifferentiator":"gma:site","tagID":"g_page01","userABCookie":"0","section":"news","title":"Millions brace for new financial anguish in August","pubTime":"05:03","pubDate":"07-24-2020","modTime":"17:06","modDate":"07-27-2020","taxonomyTags":"none","id":71785293,"editorialOtherSubjects":"","wordCount":"none","columns":"none","authors":"","authorsUnit":"none","authorsBureau":"none","subBrand":"Good Morning America","provider":"Good Morning America","videoName":"Millions brace for new financial anguish in August","mediaAssetTitle":"AUGUST CRUNCH","videoId":71785293,"mediaOnPage":"video","legacySlug":"/news/story/theyre-fall-off-cliff-august-set-bring-financial-71785293"},"taboola":{}},"request":{"headers":{},"httpVersion":"1.1","method":"GET","url":"/video/71785293","vary":{"host":"www.goodmorningamerica.com","cached":true,"path":"/video/71785293","forwarded-proto":"https","device":"desktop","userab":"0"}},"viewport":{"width":1260,"height":0},"user":{}};