Popular Posts

Thursday, October 31, 2013

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.

More

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.