http://money.cnn.com/2010/11/17/news/economy/unemployment_benefits_extension/index.htmThe unemployed would have three more months to file for extended jobless benefits under a bill being introduced in the House.
The legislation would extend the deadline to file for federal unemployment benefits to Feb. 28, sparing 4 million people from falling off the rolls. The deadline is now Nov. 30.
"Terminating this emergency unemployment assistance will not only devastate families, but it also will hurt the entire economy by depressing consumer confidence and demand," said Rep. Sander Levin, D-Mich., the chairman of the House Ways and Means Committee who is introducing the bill with Rep. Jim McDermott, D-Wash.
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Lawmakers "ought to develop a consensus on how to extend these critical benefits in a fiscally responsible manner as we attempted to do in July," said Sen. Olympia Snowe, R-Maine, who has supported previous extensions.