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The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (Pub. L. 111–312 (text), H.R. 4853, 124 Stat. 3296, enacted December 17, 2010), also known as the 2010 Tax Relief Act, was passed by the United States Congress on December 16, 2010, and signed into law by President Barack Obama on December 17, 2010. [2]
A Senate bill introduced by Senator Debbie Stabenow (D-MI) on August 4, 2010, will, if passed, benefit those who have exhausted all of their benefits by providing an additional 20 weeks of unemployment benefits under a Tier 5. The bill has an unemployment rate threshold of 7.5% which requires states to have an unemployment rate at 7.5% or ...
The deal included $38.5 billion in cuts from what had been budgeted for 2010, in addition to another $10 billion in cuts that had been imposed in some of the continuing resolutions. [ 24 ] [ 25 ] However, the April 13 Congressional Budget Office estimate showed that, compared with then-current spending rates, the spending bill would cut federal ...
For most taxpayers, 2008 wasn't a year to remember. As a whole, incomes and profits tumbled while foreclosures and job losses soared. We saw the anecdotal evidence in the headlines and photos ...
The Labor Dept. announced today some moderately encouraging employment news: Initial jobless claims normalized after a week of holiday-skewed data, falling by 24,000 to 456,000 for the week ending ...
Dealing with a record federal deficit and unemployment rate has created a Catch-22 for Congress. The Senate is now battling whether to extend emergency unemployment benefits -- and add to the ...
Effective July 1, 2011, the rate decreased to 6.0%. That rate may be reduced by an amount up to 5.4% through credits for contributions to state unemployment programs under sections 3302(a) and 3302(b), resulting in a minimum effective rate on and after July 1, 2011 of 0.6% (6.0–5.4%). [2] [3]
While the most recent numbers released by the Bureau of Labor Statistics showed that very little has changed since January and unemployment rates held at 9.7%, they also reveal some fascinating ...