6/18/2008

Extended Unemployment Benefits will increase the Unemployment Rate right before the Election

The NY Times has the article here:

House leaders struck a bipartisan deal Wednesday night on a major spending measure that would provide money for the war in Iraq through the end of the Bush administration, establish a significant new education benefit for veterans and meet Democratic demands for added unemployment benefits. . . . .

In response to a Democratic push to aid laid-off workers whose unemployment pay is running out, the bill would extend jobless benefits for 13 weeks in all states, according to Congressional officials briefed on the contents of the measure. . . .

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