Recovery: One Million U.S. Jobless to Lose Financial Aid
December 28th, 2013Via: BBC:
More than a million Americans will lose their unemployment benefits after an emergency federal programme expires on Saturday.
Lawmakers failed to agree on an extension of the scheme before the US Congress began its winter recess.
Former President George W Bush introduced the assistance plan in 2008 at the start of the recession.
Under the programme, jobless people received an average monthly stipend of $1,166 for up to 73 weeks.
The White House says the benefits have kept millions of families out of poverty, but many Republicans argue that the scheme’s annual $25bn price tag is too expensive.
