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The federal government has been providing additional weeks of unemployment benefits for people since 2008. [2] The most recent extension was provided by the American Taxpayer Relief Act of 2012, which extended unemployment benefits until the end of 2013. [2]
The Emergency Unemployment Compensation 2008 (EUC08) is an extension of unemployment benefits authorized under federal law. The Middle Class Tax Relief and Job Creation Act of 2012 (enacted on Feb 22, 2012) modified EUC08.
The majority of the states opting out of the federal programs have tried to tighten eligibility requirements or reduce either the duration or amount per week of unemployment benefits — in some ...
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
Rep. Alexandria Ocasio-Cortez (N.Y.-D) has called for the unemployment programs introduced under the March 2020 CARES Act to be extended through January 2022. AOC told viewers during a virtual town...
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On February 19, the full text of the bill was released. It included an increase in the federal minimum wage, direct checks for Americans making $75,000 or less a year, an extension of $400 federal unemployment benefits and more money for small businesses. [45] [46] On February 22, the House Budget Committee voted 19–16 to advance the bill. [47]
More than 4 million workers are affected by the cuts in those states, losing a total of $22.5 billion in potential benefits, according to estimates by the Century Foundation.