Dec 13, 2010
The current deal between Obama and the Republicans will not extend unemployment benefits as promised. It will only continue the current temporary unemployment program, which tops out at 99 weeks, for another 13 months.
It will do NOTHING, absolutely nothing, for all those who exhaust those 99 weeks of unemployment benefits. Nearly two million have already passed 99 weeks; up to four million more unemployed workers will pass 99 weeks next year and lose their benefits, even with this “extension.”
That means close to six million unemployed workers without income or even minimal benefits – a vast social catastrophe that the politicians pretend doesn’t exist.