Unemployment Insurance To Be Extended, $30 Billion Cost Won’t Be Offset

Unemployment Insurance To Be Extended, $30 Billion Cost Won’t Be Offset

Posted: 12/31/2012 3:32 pm EST  |  Updated: 12/31/2012 3:44 pm EST

 Unemployment Insurance Extended

WASHINGTON — One of the remaining sticking points holding up a fiscal cliff deal appears to have been resolved, as negotiators have decided to extend unemployment benefits without offsetting the cost.

A source familiar with negotiations told The Huffington Post that lawmakers would treat the provision as “an emergency measure that shouldn’t be paid for.” A Senate Democratic and Republican source each confirmed the plan. Continue reading “Unemployment Insurance To Be Extended, $30 Billion Cost Won’t Be Offset”