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House Votes to Extend Jobless Benefits, Housing Tax Credit

by taxnick on November 5, 2009

Relief is on the way for unemployed Americans whose benefits were set to expire.

The House of Representatives approved a bill that includes a provision that will extendunemployment benefits for up to 20 weeks in states with high unemployment rates.

The Senate passed the measure 98-0 late yesterday. The bill is expected to land on the president’s desk Friday, when he is expected to sign it into law.

The bill includes several measures designed to spur the economy, providing unemployment benefits of at least 14 weeks for people out of work, while those in the more than two dozen states with unemployment rates above 8.5 percent would receive up to 20 weeks of benefits.

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