Feds Paid $252 Billion In Unemployment Benefits During Recession
The federal government has paid out 881 million weekly unemployment benefit checks during the current economic slowdown, totaling $252 billion since 2008, according to a new memo released Wednesday by the House Ways and Means Committee.
During and after recessions, federal taxpayers step in to pick up the tab for long-term unemployment benefits when state benefits expire.
during the current economic slowdown, totaling $252 billion since 2008, according to a new memo released Wednesday by the House Ways and Means Committee.
when state benefits expire.
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