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Friday, December 27, 2013

Over 1M people set to lose unemployment benefits.

An estimated 1.3M people are set to lose extended unemployment benefits when funding for those benefits runs out tomorrow. Since 2008, the federal government has provided money to those who are without a job for longer than 26 weeks and for up to 99 weeks. Concerned about people falling into poverty, Democrats plan to try to reinstate the provisions in the New Year; however, Republicans are opposed, arguing that the extended payments encourage unemployment.

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