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Unemployment Extension Update 2

Unemployment Extension Update 2 - The unemployment extension 2010 is still the hot topic on Fox News today, Sunday. Now that the President has agreed to changes in the 2010 unemployment extension / tax cut bill, getting the unemployment extension into place may be getting further and further away.

President Obama has now opened up the unemployment extension / tax cut bill for changes. He sent word on Friday from the White House that the bill may have room for some small modifications.

This came with two stipulations from the President. The first being that no major changes can be made to the unemployment extension / tax cut bill, with the second being that everyone has to sign on to the changes, so the bill passes, according to Fox News.

Unemployment Extension Update 2

The changes to the unemployment extension/ tax cut bill can come in a few different forms. What this bill will most likely see will be a modification to one of the other bills that have been tacked onto this bill, such as the estate tax. The estate tax portion of this deal is something the House Democrats did not like in the bill, according to Connecticut Congressman Jim Himes - D,

Another change to take place with this bill, which is already underway in the Senate, is adding other bills into this already controversial hard to pass bill. According to Fox News, Senator Harry Reid has added several bills to the unemployment/ tax cut package that allow tax credits for NASCAR, Hollywood productions, rum, along with other bills, that have been in place previously but they are about to expire.

Unemployment Extension Update 2


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