Nov 4th, 2009 - Houston Chronicle
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WASHINGTON — Recognizing that a weak economy still needs a government boost, the Senate voted overwhelmingly Wednesday to provide the jobless with up to 20 weeks in additional unemployment benefits and expand a first-time homebuyer tax credit to include a far larger pool of people entering the dormant housing market.
The $24 billion bill, passed 98-0, also provides tax relief for struggling businesses. It comes to the rescue of more than 1 million out-of-work people who will run out of benefits by the end of the year. Everyone will receive 14 weeks of additional benefits, while those in states with unemployment rates of 8.5 percent and above get six weeks on top of that.
Related stories:
House votes to extend jobless benefits, expand home buyers' tax credit
Nov 5th, 2009 - Washington Post
Congress gave final approval Thursday for an additional $24 billion to help the jobless and support the housing market as climbing unemployment poses a growing liability for elected officials. The bill...
Senate Extends Jobless, Homebuyer Benefits
Nov 4th, 2009 - CBS News
Recognizing that a weak economy still needs a government boost, the Senate voted overwhelmingly Wednesday to provide the jobless with up to 20 weeks in additional unemployment...
Sorry Readers: Homebuyer Credit Not Retroactive
Nov 5th, 2009 - BusinessWeek
Update: Just heard from White House spokeswoman Jen Psaki. The start date for the new $6,500 credit for existing homeowners will take effect as soon as Obama signs the bill into law tomorrow (Nov...
Senate throws a lifeline to the jobless
Nov 4th, 2009 - CNNMoney
NEW YORK (CNNMoney.com) -- After weeks of partisan debate, the Senate voted on Wednesday to lengthen unemployment benefits by up to 20 weeks and to extend the $8,000 homebuyer tax credit.
Obama officially backs extension of jobless benefits
Oct 27th, 2009 - Yahoo! News
WASHINGTON (Reuters) – The Obama administration on Tuesday officially threw its weight behind legislation making its way through Congress to provide additional weeks of unemployment benefits to help Americans hit by rising joblessness.
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