Without deal, unemployment checks stop Dec. 29

Without deal, unemployment checks stop Dec. 29:'
Paul Davidson, USA Today, 12/17/12

"...About 2.1 million Americans will lose their extended jobless benefits on Dec. 29, leaving many on the brink of poverty, if Washington doesn't renew them as part of a deal on the package of tax increases and spending cuts known as the "fiscal cliff."

An additional 930,000 people will run out of unemployment insurance in early 2013 when their 26 weeks, give or take, of state benefits end, according to the National Employment Law Project (NELP).

Although the issue is far less publicized than other parts of the fiscal cliff, such as income-tax increases and entitlement reform, an abrupt cutoff of benefits would have a far more dramatic impact on the well-being of millions of Americans."

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Posted by Chuck Bell at 8:11 PM