On Tuesday, the Senate voted to move ahead on extending unemployment benefits by another three months for 1.3 million Americans. However, the vote does not guarantee that benefits will be extended as it needs to clear its final passage in the Senate and then be passed by the House.
According to NPR, "Federal unemployment benefits were signed into law in 2008 by President
George W. Bush to provide an average of $300 a week to jobless Americans
for an additional 28 weeks after their state benefits expired. It was
meant as a stopgap measure during the recession, which saw the worst
unemployment in decades. As the length and depth of the recession
dragged on, the measure was extended more than 10 times."
So how much will the extension cost? Approximately $6.5 billion. More to come as this issue progresses.
If you have been denied unemployment benefits, please contact Ambuter Law for your free case evaluation.
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