1.3 Million to Lose Federal Unemployment Benefits Saturday

Some 1.3 million Americans are set to lose their unemployment benefits Saturday, escalating a battle between proponents of smaller government and advocates for the jobless who say the move will hurt the overall economy.
Federal emergency benefits will end when funds run out for a program created during the recession to supplement the benefits that states provide. The cutoff will initially affect 1.3 million people, but 1.9 million more will lose benefits by mid-2014 when their 26 weeks of state paychecks run out, according to the National Employment Law Project.
Benefits average about $300 a week.
"From a human level, cutting 1.3 million Americans off their lifeline doesn't make any sense and it's not anything we should be doing," Sen. Jack Reed, D-R.I., said Thursday in a conference call with reporters.
Reader Comments