The Unemployed may get Benefits Longer

[dollardaze]

The House of Representatives passed a bill Thursday that would extend unemployement benefits. The bill will now go to the senate, where it will either stand alone, or be tacked onto another bill for approval. The President is talking veto on this one.

If you thought the housing bill was Congress' big-ticket expense to cope with an economic downturn, think again.
Thursday afternoon, the House of Representatives passed a bill that would extend unemployment benefits. Sticker price: $13.7 billion over five years.

Joshua Zumbrun

With the rate of unemployment in this country rising as it has, I think extending the unemployment benefits is a good thing. The economic stimulus checks are a plus for all who get them, but for those who are
now unemployed, that money doesn't go very far.

The Unemployed may get Benefits Longer

[pennypinch]

Of course Bush is thinking veto this bill. He knows unemployment rates are about to skyrocket due to the oil crisis and company lay-offs and shut-downs. Therefore, the government will have to kick in a lot more dough to cover these people without jobs. I don't think the government employees want to give up any part of their cushy lives to help the American people. If they have to come up with more funding for unemployment they may have to take a pay-cut. I don't see that happening, but I hope they do find someway to help these people.