answersLogoWhite

0


Best Answer

As of September 29, 2009, the House has passed a bill providing 13 additional weeks for those already receiving unemployment benefits. The Senate is considering a similar bill. If the Senate version passes, the two will go to conference. If the conference comes up with a bill that will pass both the House and Senate, it will go to the President for his signature or veto.

Update

President Obama signed into law an extension of unemployment benefits to June 2, 2010. See the Related Link below.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Has President Obama extended unemployment benefits?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

How many extensions for unemployment do you get for Illinois?

If you happen to be one of the many who have found out that you may be losing your unemployment benefits even though you still can't find work, it's time to act. Ask about the extended unemployment options that are available to you and see what you need to do to qualify for these extended benefits in your state.


How does an increase in unemployment negatively affect your government?

Increased applications for unemployment benefits directly reflect the loss in the number of jobs available to workers. The actual cost of paying unemployment benefits to the unemployed, is actually very small compared with other government spending. Paying unemployment benefits to those who need it, actually benefits the country's economy, because it prevents jobless individuals and their families, to overwhelm other government programs such as welfare. Paying unemployment benefits also prevents individuals to fall into poverty-related social problems, which would result in higher costs to deal with their consequences and to bring individuals back to join the work force, which at the end, is what keeps the economy rolling and growing.


Who does Warren Buffet support for President?

Barack Obama


What is the stimulus package that President Obama signed called?

American Recovery and Reinvestment Plan.


Why didn't Obama's stimulus plan keep unemployment below 8 percent as he promised it would?

President Obama never promised that unemployment would remain below 8%. Members of his economic transition team (who would become members of his administration once he was inaugurated) released a report in early January that essentially said that stimulus was needed and then projected what the unemployment picture would look like if the Congress provided some stimulus. They projected that without stimulus, the unemployment rate would hit about 9 percent in 2010 and with stimulus, it could hold just under 8 percent. Their projections were wrong. As was the non-partisan Congressional Budget Office that reported similar projections. The problem is that neither the incoming Obama administration (or outgoing Bush admin) or the CBO knew just how bad the recession really was. In the month they made the projection, the country lost 750,000 jobs. In February 2009, the nation lost another 650,000 jobs marking the first time since 1939 (we know what happened then) that the nation had lost at least 600,000 jobs in 3 consecutive months. In other words, everyone's projections were off because their economic models were based on inaccurate (and un-heard of) data. In short, the President never "promised" to keep unemployment below 8%. In fact, before he picked curtains for the Oval Office it was already at 8.1%. This is just a political ploy by the President's political opponents. This stuff is complicated enough without misinformation.

Related questions

What were the unemployment numbers when Obama first became president?

I love Obama


What is president obama doing about the economy and high unemployment?

Nothing


What are the provisions of the Unemployment Bill President Obama signed in July 2010?

H.R. 4213. Thursday Unemployment Extension July 23 2010 Obama Signs Unemployment Benefits Extension Bill until November 30 2010. From WC WORLDCORRESPONDENT com website. Go to the The Library of Congress THOMAS website for more details as they become available.


Regarding the Unemployment Bill President Obama signed in July 2010 - who pays for the extension of workers' benefits?

Well, specifically, the money would come out of a fund set up for these reasons. However, these "funds" are going to be paid for by tax payers money. Thus, YOU, and all other tax payers will be paying for the Unemployment Bill President Obama signed in July.


How many extensions for unemployment do you get for Illinois?

If you happen to be one of the many who have found out that you may be losing your unemployment benefits even though you still can't find work, it's time to act. Ask about the extended unemployment options that are available to you and see what you need to do to qualify for these extended benefits in your state.


Can you get an extension for unemployment compensation in Georgia?

if you qualify your unemployment extends into the EUC, emergency unemployment compensation. obama just signed the extension in dec 2010 that extends benefits until dec 2011. if you exhausted your regular benefits you will apply for EUC and begin tier 1 of benefits (20 weeks) then tier 2 (14 weeks) tier 3 (13 weeks) and tier 4 (6 weeks) after that you could qualify for SEB, state extended benefits (20 weeks) if all of the EUC has been exhausted before 12/31/11


What benefits can you receive if Barack Obama becomes President of the US?

It is unlikely that benefits will change regardless of who is elected. A change in benefits requires much more than the 'wish' of the President.


Did bill pass today for unemployment extension?

Yes.From CNN's Political Ticker blog, "The House of Representatives passed a bill Thursday pushing back the deadline to file for extended unemployment benefits to the end of November. The $34 billion measure, which cleared the Senate Wednesday, now moves to President Barack Obama's desk to be signed into law"See related link.Yes. The newest Senator pushed it through a Senate filibuster.


What topics will President Obama focus on in his second State of the Union address?

President Obama will focus on gun control. unemployment, and the middle class. He will also touch on bringing troops back home and immigration reform.


Is it possible to collect unemployment after being laid off from a full time job after four months?

You had a job and lost it for reasons beyond your control (i.e. it wasn't your fault).It depends on the laws and benefits of your state and country. They will be different from country to country.


Why did Barack Obama sign the new 2010 Unemployment Bill that gives a restoration of benefits to workers who have been unemployed for 6 months?

VOTES


What abuse of powers are being exercisd by President Obama?

President Obama is doing the right thing and i thing he will never abuse any power unless of emergencies like for instants our needs and benefits.