Thursday, October 8, 2009

Senate reaches deal on extending unemployment

The senate had no choice, these unemployment numbers are horrendous. Main fact, unemployment benefits extended in all 50 states for 14 weeks. Of course, the Republicans tried to stall, but that did not work because even their constituents in their states are on the unemployment dole and need this money.

Senate Democrats said Thursday they have reached a deal to extend unemployment insurance benefits to the nearly 2 million jobless workers across the country who are in danger of running out of assistance by the end of the year.

The agreement would give an additional 14 weeks of benefits to jobless workers in all 50 states. Workers in states with an unemployment rate at 8.5 percent or above would receive six weeks on top of that.

Senate Majority Leader Harry Reid, D-Nev., tried to bring the measure to a quick vote on the Senate floor, but Republicans objected, saying they needed more time to study the proposal and its costs and possibly offer amendments. read more here...

Home Page