Contact Us
Make My Homepage

Senators Reach Deal Extending Jobless Benefits

A bipartisan group of senators says they have reached a compromise extending jobless benefits for the long-term unemployed for five months.

Unemployment line
Joe Raedle, Getty Images

If the Senate approves, the deal would break a months-long stalemate over the issue in the chamber between the two parties.

Two leaders of the negotiations — Democratic Sen. Jack Reed of Rhode Island and Republican Sen. Dean Heller of Nevada — said in a statement Thursday that the deal would be retroactive to the end of last year. Since that time, jobless coverage has expired for roughly 2 million people.

The proposal would be paid for by extending some customs fees and changing how some companies set aside money for pensions, in effect increasing their taxes.

The deal also ends jobless payments to people earning over $1 million.

 

(Copyright 2014 by The Associated Press.  All Rights Reserved.)

 

Best of NJ 101.5

Recommended For You

Around the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://nj1015.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a member? Sign up here

Register on New Jersey 101.5 quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Sign up to have exclusive New Jersey Insiders contests, events, coupons, presales, and much more delivered to you for FREE.