400,000 jobless out of luck

By doris | Published: October 9, 2009

Full Story at money.cnn.com

NEW YORK (CNNMoney.com) — As thousands of jobless Americans lose their weekly unemployment checks every day, Congress is still debating who should qualify for a benefits extension.

Two weeks after the House passed an extension, Senate Democrats Thursday introduced a bill to lengthen unemployment insurance by up to 14 weeks in all states. Those living in states with unemployment levels greater than 8.5% would receive an additional six weeks.

The proposal would be funded by extending the longstanding federal unemployment tax levied on employers through June 30, 2011.

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