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White House to Release Report on Nationwide Effect of Expired Jobless Aid

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Donnachaidh Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-02-10 12:10 PM
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White House to Release Report on Nationwide Effect of Expired Jobless Aid
http://www.bloomberg.com/news/2010-12-02/white-house-to...

The White House will release a report from President Barack Obamas Council of Economic Advisers this morning that will assess how the expiration of unemployment benefits will affect families and the broader economy, according to an administration official.

In a replay of a dispute earlier this year, lawmakers are deadlocked over how to finance an extension of aid to the long- term jobless. Todays report will include state-by-state numbers on the number of families affected across the country if Congress doesnt again extend benefits, according to the official, who requested anonymity.

This month, more than 2 million Americans will lose the temporary support, according to the official.

On Nov. 30, Democrats offered to extend benefits for a year, with the $56 billion cost financed with borrowed money. Republicans balked, demanding the extension be offset with savings elsewhere in the governments budget.

More at the link ---
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wryter2000 Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-02-10 12:15 PM
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1. K&R
:hi:
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Love Bug Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Dec-02-10 01:17 PM
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2. How about those of us who've depleated UI benefits? Don't we count anymore?
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