The House voted this week to extend unemployment benefits another 13 weeks.
If approved by the Senate, it would be the fourth time Congress has extended federal jobless benefits since the recession began in December 2007.
The latest 13-week extension would be available to residents in the 25 states that have had an average jobless rate of at least 8.5% for three months – about 70% of the U.S. population House Democrats said
So who pays? Well most people think its the Government, but in fact businesses pay dearly when workers are laid off and forced to apply for unemploment insurance. It generally ends up in higher UI insurance premiums for, not just that business, but when faced with today’s unemployment rates, all businesses. But that’s the long answer. Here’s the short one and its classic Ben Stein.
Remind you of anyone else?