November 5, 2009
Posted: November 5th, 2009 02:54 PM ET
From CNNMoney.com Senior Writer Tami Lubhy
The House and Senate have both approved an extension of unemployment benefits.
NEW YORK (CNNMoney.com) - Unemployed Americans are set to get up to 20 additional weeks of jobless benefits, while new homebuyers are poised to see the $8,000 tax credit extended into mid-next year. The House approved the measures by a 403-12 vote Thursday afternoon, a day after the Senate passed the legislation. The bill now moves to the White House for the president's signature. The closely watched legislation would extend jobless benefits in all states by 14 weeks. Those that live in states with unemployment greater than 8.5% would receive an additional six weeks. The proposal would be funded by extending a longstanding federal unemployment tax on employers through June 30, 2011. The measure would apply to those whose benefits run out by Dec. 31, which is nearly two million people, according to Senate estimates. Those whose checks have already stopped would be able to reapply for another round. Filed under: Congress Economy
|
The latest political news from CNN's Best Political Team, with campaign coverage, 24-7. Sign up for our twice daily Ticker emails. Got a news tip or feedback? For complete political coverage, bookmark CNNPolitics.com. CNN=Politics Screensaver
New in the Ticker
@psteinhauserCNN: New CNN Poll: 8 in 10 say economy's in poor shape, but that's actually an improvement. Also: Racial divide on jobs - http://bit.ly/7vZKHS
Updated: Tue, 22 Dec 2009 11:50:56 -0800 @KuhnCNN: Rick’s List: A New, Twitter-Happy CNN Show Anchored By Rick Sanchez? http://www.mediaite.com/ozjwx
Updated: Tue, 22 Dec 2009 09:18:37 -0800 @psteinhauserCNN: Freshman House Democrat from Alabama to switch to Republican Party, sources telll CNN - http://bit.ly/4pXIzB
Updated: Tue, 22 Dec 2009 08:43:21 -0800 @KuhnCNN: RT @RickSanchezCNN: Hey guys, new CNN show beginning Jan 18th, weekdays 3-5pm ET. "Rick’s List"- Who will make the list?
Updated: Tue, 22 Dec 2009 08:10:12 -0800 @wolfblitzercnn: New SitRoom start time. Beg. mid-Jan, we're on 5-7p ET. Our excellent team can focus on 2 solid hrs. Less becomes more.
Updated: Tue, 22 Dec 2009 06:45:58 -0800 Categories
Archive
Popular Posts
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Loading weather data ...