House Of Representatives, Unemployment Benefits Extension | featured news

The proposal would pay for extending a payroll tax holiday and unemployment benefits in part through changes to Medicare and a pay freeze for federal workers.

Republican officials say legislation being drafted in the House would renew an expiring program of unemployment benefits at a time of 9 percent joblessness. The measure also would extend a Social Security payroll tax cut. Both are due to expire at the end of the year. The officials say the cost of provisions will be offset to avoid increasing the deficit.

Republicans in the House have blocked a bill that would have extended jobless benefits for the long-term unemployed beyond the holiday season.

Congress is one House vote away from resuming unemployment payments to millions of people whose benefits have lapsed as the nation suffers through a wretched job market.

Measure extends unemployment benefits, renew dozens of tax credits for businesses, individuals.

The measure passes the Senate and House largely along partisan lines, with most Republicans opposed. By Richard Simon President Obama signed an extension of jobless benefits for the long-term unemployed Thursday night that will allow those whose aid ...

The House of Representatives passed a temporary extension of unemployment benefits and subsidized health insurance for laid-off workers on Wednesday as part of a $636 defense spending bill. The Senate will likely pass its defense bill with the same extensions on Friday, according to a Senate Democratic aide.

Unemployed Americans are set to get up to 20 additional weeks of benefits, while new homebuyers' $8,000 tax credit will extend into next year, CNNMoney reports.