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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (239574)	2/27/2010 9:05:06 AM
From: Les H	Read Replies (2) of 306849

Senate will seek yearlong extension of unemployment benefits on Monday mlive.com By Jackie Headapohl February 27, 2010, 8:00AM APOn Monday, the Senate will take up a measure to extend federal unemployment benefits for a year.Senate Democrats will seek a yearlong extension of unemployment insurance benefits on Monday. Federal unemployment benefits expire on Sunday, since Republican Senator Jim Bunning blocked the passage of a 30-day extension of benefits on Thursday in the Senate. A Democratic leadership aide said Senate Majority Leader Harry Reid (D-Nev.) is hammering out a proposal that would extend unemployment benefits and several expiring tax provisions. The aide said the unemployment benefits would be combined with a tax extenders bill that passed the House Thursday. An extension of COBRA subsidies would likely also be included. The Senate Finance Committee will discharge the legislation, An Act to Provide for Certain Extenders, on Monday and the Senate will move to consider it immediately. A vote on amendments to the extenders bill could come Tuesday. A vote on final passage may not take place until the week of March 8.

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