Congress leaves unemployed Americans in the cold

Congress leaves unemployed Americans in the cold

Hundreds of thousands of Americans will see their federal unemployment benefits expire this week, and millions more by the end of the year, just in time for the holiday season. Economist Max Fraad Wolff says there is a lot of room to cut the deficit instead of these benefits, starting with military which spends more than half the world's defense budget

US Congress refuses to extend unemployment benefits

US Congress refuses to extend unemployment benefits


Extended unemployment benefits for nearly 2 million Americans begin to run out Wednesday, cutting off a steady stream of income and guaranteeing a dismal holiday season for people already struggling with bills they cannot pay. Daniel Vision from the National Inflation Association says the United States economy will never recover as long as the government continues to distort the economy with economic programs like cash for clunkers.