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unemployment extension News

unemployment extension News From AOL News

Obama Signing $860 Billion Tax Cut Bill [LIVE STREAM]

By Steven HofferDec 17th 2010 – 3:35PM

President Barack Obama is set to sign an $860 billion tax bill that made its way through the House Thursday. The measure will, among other things, extend the Bush-era tax cuts and spend $57 billion on unemployment benefits for out-of-work Americans. (For more on the legislation, see "Obama's $860 Billion Tax Deal: By the...

Opinion: So Who's Holding the Unemployed Hostage Now?

By John MerlineDec 10th 2010 – 6:03PM
Win McNamee, Getty Images

Win McNamee, Getty Images

(Dec. 10) -- With Democrats threatening to block the Obama/Republican compromise on Bush-era tax cuts, does that mean they're the ones now holding the unemployed hostage until they get their way? That was, after all, the charge Democrats and others had often lodged against Republicans. Examples: Earlier this month,...

Why Being Loathed by Democrats Is a Good Thing for Obama

By J. RichardDec 9th 2010 – 1:14PM

(Dec. 9) -- Democrats are blasting the White House over tax cuts, but President Barack Obama's advisers say the criticism could actually bolster his efforts to walk a bipartisan line, which will be crucial for his 2012 re-election bid. Today, House Democrats showed just how unhappy they are with Obama's current tax plan...

Bernie Sanders Goes Viral Over Tax-Cut Deal [VIDEOS]

By David KnowlesDec 7th 2010 – 2:17PM
Brendan Smialowski, Getty Images

Brendan Smialowski, Getty Images

(Dec. 7) -- Suddenly, he's everywhere. Independent U.S. Sen. Bernie Sanders of Vermont indicated Monday that he may seek to filibuster the new deal struck between President Barack Obama and Republicans over keeping the Bush tax cuts in place for the wealthiest Americans in exchange for a 13-month extension of...

Jobless Benefits Cutoff Begins for 2 Million Americans

By Lisa FlamDec 1st 2010 – 9:23AM
Paul Sancya, AP

Paul Sancya, AP

(Dec. 1) -- Nearly 2 million Americans start to lose their extended unemployment benefits today, leaving people without jobs struggling to hold on to their housing and feed their families while facing a somber holiday season without money for presents and festivities. Work has dried up for Shawn Slonsky, a union...

Background on unemployment extension

Unemployment extension is when regular unemployment benefits are exhausted and extended for additional weeks.

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