Rael
07-21-2010, 01:37 AM
Senate moves forward on unemployment benefits
WASHINGTON (MarketWatch) -- More than 2 million jobless workers are one step closer to regaining safety-net payments, following a Tuesday vote in the Senate. Senators voted 60 to 40 to move forward with legislation that retroactively extends some federally-funded weekly unemployment insurance benefits through November at a cost of about $34 billion. Before becoming law, the Senate and House of Representatives must vote to approve the bill, which President Barack Obama is expected to sign. A final vote in the Senate could come later Tuesday, and the House is expected to vote Wednesday.
WASHINGTON (MarketWatch) -- More than 2 million jobless workers are one step closer to regaining safety-net payments, following a Tuesday vote in the Senate. Senators voted 60 to 40 to move forward with legislation that retroactively extends some federally-funded weekly unemployment insurance benefits through November at a cost of about $34 billion. Before becoming law, the Senate and House of Representatives must vote to approve the bill, which President Barack Obama is expected to sign. A final vote in the Senate could come later Tuesday, and the House is expected to vote Wednesday.