Bush Open to Signing Measure to Extend Jobless Benefits - FOXBusiness.com The Senate is expected to take up this week a bill, already passed by the House of Representatives, that would extend unemployment insurance checks for up to 13 additional weeks for jobless people whose benefits have run out. The Senate vote could occur as early as Thursday evening and would require support from 60 senators to pass.
Where would this extra money come from? Like would the gov't divert funds from another area, or is there a surplus of unemployment money to use?
I am not sure Pete, but this is going to take us awhile to get out of. They were looking at doing this for the states that had unemployment of 6% or more.
I didn't see in either article how long this law would be in effect for. Is it permanent or short term? Because, in the 1st article, it mentioned congress passing similar measures in the past.
Pete this in the last article. WASHINGTON--The White House says President Bush signed into law a bill that Congress approved to keep unemployment checks flowing to jobless Americans through the holiday season.
I saw that part, but I didn't know if that meant that anyone who ran out after the new year was SOL or not.
Here you go Pete. http://finance.yahoo.com/career-wor...ment-Insurance-Benefits:-What-You-Should-Know The measure helps people whose benefits have recently expired, extending benefits by seven weeks in all states, and extending them for another 13 weeks on top of that in states with unemployment rates that have averaged 6% or higher over the most recent three months.
lol, maybe I am just mis-typing what I mean. I see as to how long an individual's benefits are extended. I mean, is this a permanent law? Or will at the end of 2009 (for example), those 7 and 13 weeks will no longer be available. Sorry, my head hurts today. How permanent/temporary is this law?