Wednesday, July 21, 2010

Obama Set to Sign Unemployment Extension Bill

Update July 22: Obama has signed the bill.

On the heels of signing financial reforms into law, Obama could sign the bill that extends unemployment benefits tomorrow after the final House vote.
The Senate has passed a bill restoring unemployment benefits to millions of Americans who have been out of work for six months or more.
President Obama is poised to sign the measure into law after a final House vote on Thursday. It's a welcome relief to 2.5 million people who have seen their benefits expire.

The measure had once been considered routine but got caught up in a monthslong battle between Democrats and Republicans over whether jobless benefits should be financed with additional federal debt or with cuts to other programs. NPR