Unemployment Extension Vote Will Be A Nail-Biter

Senate Majority Leader Harry Reid (D-Nev.) will have no margin for error when he brings a new bill reauthorizing unemployment benefits to the Senate floor for a vote this month. Five Republican senators have signed on to the measure, which would apply the benefits retroactively and pay for the roughly $9.5 billion cost through an accounting gimmick known as pension smoothing, raised custom fees in 2024 and an adjustment to payment procedures for single-employer pension plans...Read More

 

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