WASHINGTON (AP) - How will the White House and Congress come up with the money to extend an average $20-a-week Social Security payroll tax cut without adding to the government's long-term debt.
Republicans are trying to cut federal employee benefits. President Barack Obama wants to hit airline passengers with... more »
A House vote today is expected to send President Barack Obama a long-sought measure to resume unemployment payments to millions of people whose benefits have lapsed.
Obama is set to sign the bill as soon as Congress can ship it to him. The Senate broke through months of stalemate... more »
State auditors say Colorado needs to overhaul the way it funds unemployment benefits if it wants to avoid repeated shortfalls.
Lawmakers held a hearing on the audit Monday.
The Colorado Unemployment Insurance Trust has borrowed $188 million from the federal government after becoming insolvent in January. The state... more »
The number of newly laid-off workers requesting unemployment benefits rose last week as jobs remain scarce amid a sluggish economic recovery. The Labor Department says new claims for unemployment insurance rose by 11,000 to a seasonally adjusted 444,000. Wall Street economists polled by Thomson Reuters expected an increase of only... more »
President Barack Obama has signed into law a bill that combines another round of war spending with help for the unemployed. The $626 billion defense bill contains $128 billion for operations in Iraq and Afghanistan and a 3.4 percent pay raise for the military. Lawmakers also wrapped unrelated economic help... more »
The ball is in the Senate's court now that the House easily passed a bill to extend jobless benefits in high unemployment states. The Senate bill is similar, but not identical. Another 13 weeks of unemployment insurance benefits would be welcome for those jobless living in 27 states, plus the... more »
The House has voted to provide another 13 weeks of unemployment benefits to workers in those states hardest hit by the prolonged economic downturn. The Washington Democrat who sponsored the bill, Rep. Jim McDermott, says it could help more than 300,000 jobless workers expected to lose their unemployment compensation by... more »
The House is set to consider an extension of jobless benefits. With the jobless rate at 9.7 percent and economists acknowledging jobs will be tough to come by even as the economy recovers, the House could make things a little easier for the unemployed. It's expected to easily approve a... more »