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Unemployment Benefits Expire: Your 5 Biggest Questions Answered

4 years ago
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A bill to continue an unemployment benefits extension, which was put in place earlier this year in response to the recession, was defeated in Senate last night. Millions of unemployed Americans will feel the result of the vote as soon as the end of the week. The current unemployment rate is 9.7 percent, far above the normal rate. Surge Desk answers five questions about the effects of the vote.

1. How does this change unemployment?
Unemployment benefits are offered to the unemployed for as long as 26 weeks. But earlier this year, Congress extended the maximum duration of benefits to up to 99 weeks. That extension expired June 2. The defeated bill would have allowed the 99 week maximum to last through the end of the year.

2. How many people will be effected?
Upwards of 2 million Americans will lose their benefits.

3. When will they be effected?
1.2 million Americans will lose their lose their benefits at the end of this week. By mid-July, as many as 2 million citizens will see an end to their benefits.

4. Who is still eligible for unemployment benefits?
There are 15 states that offer their own benefits extension, according to the Wall Street Journal. A list of those states is here. The newly unemployed can apply for benefits, but they will only last 26 weeks.

5. Who was against the bill?
All 40 Republican senators and one Democrat, Sen. Ben Nelson of Nebraska, used a filibuster to keep the bill from reaching a vote. Their reason was that it would increase the federal deficit, which is expected to soar to $1.4 trillion this year, according to DailyFinance.com.
Filed Under: Surge Desk

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