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frazzled

(18,402 posts)
1. They're extended for a full year in the deal
Mon Dec 31, 2012, 11:38 PM
Dec 2012
Democrats also secured a full year’s extension of unemployment insurance without strings attached and without offsetting spending cuts, a $30 billion cost.

http://www.nytimes.com/2013/01/01/us/politics/tentative-deal-is-reached-to-raise-taxes-on-the-wealthy.html?pagewanted=1&_r=0&hp


The most important part of that sentence is "without offsetting spending cuts." So we got $30 billion more on this part of the deal.

Also got:

Mr. Obama and the Democrats would be granted a five-year extension of tax cuts they won in the 2009 stimulus law for middle-class and working-poor taxpayers. Those include a child credit that goes out as a check to workers who do not earn enough to pay income taxes, an expanded earned income credit and a refundable credit for tuition.

Latest Discussions»General Discussion»What about unemployment b...»Reply #1