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The Home Affordable Modification Program (HAMP) is a government program introduced in 2009 to respond to the subprime mortgage crisis.HAMP [10] is part of the Making Home Affordable program (MHA), [11] established in concert with the Hardest Hit Fund program (HHF) [12] under the Troubled Asset Relief Program (TARP), a part of the Emergency Economic Stabilization Act of 2008. [13]
The Unemployment Compensation Extension Act of 2009 is a bill introduced in the U.S. House of Representatives of the 111th United States Congress by Congressman Jim McDermott that would give an extra 13 weeks of unemployment benefits to jobless workers in states with unemployment rates of 8.5 percent or more.
The Obama administration unveiled modifications to the Making Home Affordable (MHA) plan on Friday that aims to provide unemployed and underwater homeowners with temporary mortgage relief or ...
The remaining 45%, or $357 billion, is allocated to federal spending programs such as transportation, communication, wastewater, and sewer infrastructure improvements; energy efficiency upgrades in private and federal buildings; extension of federal unemployment benefits; and scientific research programs.
It was the best of times, for the U.S. economy. It was the worst of times ... for President Barack Obama. "Breaking news this morning, of course, the June jobs report blows past expectations ...
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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.
By Kevin Freking WASHINGTON (AP) -- In an effort to cut the unemployment rate among veterans, President Barack Obama is calling for a new conservation program that would put veterans to work ...