A battle is under way on extending benefits for the long-term unemployed, those that have been out of work for 6 months or more. The government has spent $160 billion this year on these benefits. Extending them into next year would cost another $65 billion. Letting the benefits lapse or finding a way to pay [...]
Unless Congress votes to extend federal unemployment benefits, the benefits will begin expiring at midnight Tuesday, but the state says those collecting benefits would be phased out gradually. Extended unemployment benefits for nearly 2 million Americans begin to run out Wednesday, cutting off a steady stream of income and guaranteeing a dismal holiday season for [...]
Miller’s views on unemployment benefits are further to the right than the positions of many Republicans in Congress, who oppose extending them if they aren’t paid for, but haven’t gone as far as to say that they’re unconstitutional. Wallace also seemed frustrated when Miller tried to dodge his question about how he would change the [...]
The number of people signing up for unemployment benefits dropped to the lowest level in two months, and the trade deficit has narrowed significantly.
Obama Signs Unemployment Extension Bill Today – US President Barack Obama signed into law today an extension of the unemployment benefits. Obama issued a statement saying: “Americans who are fighting to find a good job and support their families will finally get the support they need to get back on their feet during these tough [...]
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