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Thursday, November 18, 2010

House fails to extend Unemployment Benifts

Today the House failed to pass a bill that would have given the unemployed three more months to file for extended jobless benefits.  The legislation would have extended the deadline to file for federal unemployment benefits to Feb. 28, sparing 4 million people from falling off the rolls. The deadline is currently Nov. 30.   Congress just this year alone has already extended unemployment benifits 4 times allowing for the unemployed to file into a new tier four consecutive times.  Which cost the Government 34 billion dollars. With our current economic situtiation many Americans have lost their jobs and certainly do need help but when do we draw the line as far as how long benifits should last and at what cost? 

http://money.cnn.com/2010/11/18/news/economy/unemployment_benefits_extension/index.htm?source=yahoo_app

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