Jarhead
Gold Member
- Jan 11, 2010
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Senate Set to Extend Unemployment Benefits - WSJ.com
* JULY 20, 2010
Senate Set to Extend Jobless Benefits
By NAFTALI BENDAVID And GREG HITT
WASHINGTON—The Senate, after weeks of contentious debate, is poised to extend unemployment benefits Tuesday for more than 2.5 million Americans. <more>
I wonder if they are going to continue to borrow money to fund this or make cuts somewhere else to pay for it???
Most of it will come from the employers.
A little known item of fact. The first and second employers of record of any given employee pay a good portion of uinemployment for the individual.
The GOP wantr to take the money from the TARP funds so the small businesses do not have to bear the burden so they can try to recover and hire again.
The DEM want to get it from the small businesses which will severly hamper any growth and possibly be the straw that breaks their backs.
I wonder why the media does not mention that?
I have been saying this for weeks now and STILL Being ignored by the left.
Unemployment is a very large cost to the first and second employers of record of each unemployed individual. Few employers projected needing to cover these costs for 2 years.
ANY further extension MUST come from existing money in the government. Many buisinesses will not survive an extension!