Tuesday, December 14, 2010

Extending Unemployment Compensation

Ed Morrissey at Hot Air explains that the tax rate deal between the GOP and President Obama which includes extending unemployment compensation for 13 months does not mean that unemployed persons who now get federal unemployment for 99 weeks will receive it for another 13 months:
There seems to be some continuing confusion over exactly what form the unemployment extension takes in the Obama-GOP tax deal. On every occasion where I have discussed this, people have understood it to mean that unemployment benefits are being extended past the 99-week limit, allowing people to collect another 13 months of unemployment checks. That’s not actually the case.

The extension in this case applies to the entire program, not individual benefits.
See the link for his explanation of what exactly the extension does. It's very helpful.