The unemployed of the "Great Recession" are organizing online at OpenCongress to share resources, support and document what Congress is doing to extend (or not) unemployment benefits.
Here's the state of things in Congress: President Obama and congressional Republicans struck a deal a few days ago that would prolong the current regime of extended unemployment benefits - which last for different lengths for different states, depending on how bad the recession is there - until January 2012. States with the worst unemployment rate would still have a maximum of 99 weeks of unemployment benefits, but the compromise would allow those who have become unemployed in the last 99 weeks to continue receiving unemployment benefits until their time expires. No additional benefits were added; it merely maintained the stimulus-level unemployment benefits until 2012. The extended unemployment benefits were due to expire December 11, 2010. The compromise package also contained a number of tax cuts: a two-year extension of the Bush tax cuts, a two-year estate tax cut, a two-year temporary cut in the payroll tax rate, equipment-purchase write-offs for businesses and various small-bore tax credits from the stimulus bill. (See this OC blog post for more).Read Full Article Comments (14)