Skip to main content

Posts

Showing posts with the label Update on Unemployment Extension

Update on Unemployment Extension

Update on Unemployment Extension - A tax cuts and unemployment benefits bill that is making its way through Congress has the support of half of Americans, a recent USA TODAY/Gallup Poll has found. Of Americans, one in every two (49 percent), which is a plurality but not a majority, approves of the deal, while one in three opposes it and a fifth say they don’t know. USA TODAY/Gallup phoned 1,019 American adults. The poll has a margin of error of +/— four percentage points. Update on Unemployment Extension The bill, officially called the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, would extend Bush-era tax cuts as well as unemployment insurance benefits, which both faced expiration this winter. President Obama announced a deal with Republicans earlier this month, reaching a compromise to extend the tax cuts. Extending the Bush era tax cuts is unpopular with Democrats, who worry an extension, which would prolong income tax cuts to the rich, c...