Unemployment benefits gone for near 1 million

On Thursday, the Senate failed for the third time to extend the deadline to file for a safety net that would ensure continued unemployment benefits for almost 1 million people.

The Senate trimmed the bill to add $33.3 billion to the deficit rather than $55.1 billion. The changes scaled back Medicaid funding for the states and reallocated stimulus and Defense Department spending. The bill pushed back the deadline for federal unemployment benefits until the end of November, renewed expired tax provisions, lengthened a small business lending program, and added to infrastructure developments.

The vote was 57-41. Democrats needed 60 votes to overcome Republican filibuster. The bill will be pulled.

Advertisements

About BizTV

BizTV is the home for your business. Whether you're an entrepreneur, small business owner or just managing your family's assets, BizTV can help. Find the resources you need to manage your money, start your latest venture or grow your business. BizTV, It’s Your Biz!

Posted on June 28, 2010, in Job Search, Newspaper & Journal Articles and tagged , , , , . Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: