Should the bill go through, jobless residents of states with more than 8.5 percent unemployment will be entitled to claim an extra 20 weeks of unemployment benefit, while those in certain states below that threshold would be entitled to an additional 14 weeks, according to The Washington Post.
So the safety net gets a little larger, while those in a position to help kick start the floundering housing market have a reason to celebrate too—assuming they both come into effect, of course. How long before the calls begin to extend both provisions yet again is, of course, open to question. I'm calling January before they get mentioned again.
--Posted by Phil Stott, Vault.com
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