2 Million Losing Jobless Benefits as Holidays Arrive

By: The Associated Press Email
By: The Associated Press Email

WASHINGTON (AP) - Extended unemployment benefits start running
out today for an estimated 2 million Americans.

Unless Congress changes its mind, benefits that had been
extended up to 99 weeks will end this month, just as the holidays
arrive.

Congressional opponents of extending the benefits any further
say fiscal responsibility should come first. Republicans in the
House and Senate, along with a handful of conservative Democrats,
say they're open to extending benefits, but not if it means adding
to the $13.8 trillion national debt.

The Federal Reserve expects the unemployment rate will hover
around 9 percent for all of next year.


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