Tuesday, September 15, 2009

Unemployment Benefit Extension Proposed

At a Senate Finance Committee hearing today Chairman Max Baucus indicated he is in favor of extending unemployment benefits for 400,000 people whose benefits will run out this month, and 1.4 million who will lose theirs by the end of this year. Rhode Island Senator Jack Reed has introduced legislation proposing to extend the benefit period for an additional 13 weeks in all states where unemployment exceeds 8.5%.
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