Saturday, July 17, 2010

Number of the Week: Unemployment Extension Delay - Real Time Economics - WSJ

Number of the Week: Unemployment Extension Delay - Real Time Economics - WSJ

The House of Representatives passed legislation including a benefit extension in May, but Democrats in the Senate have been unable garner the 60 votes necessary to break a Republican-led filibuster. Many Republicans support extending benefits, but object to the proposal’s addition to the deficit. On Friday, a successor was named for the late Sen. Robert Byrd. West Virginia’s Carte Goodwin is expected to provide the 60th vote for passing the unemployment extension when he is sworn in on Tuesday.

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