Monday, November 29, 2010

Why is it That Our Government Can Bailout Banks, But NOT People

http://www.huffingtonpost.com/2010/11/29/food-banks-bracing-for-en_n_789198.html

Huffington Post: "Food Banks Bracing For End Of Extended Unemployment Benefits"
From the Article:
"WASHINGTON -- Food banks across the country are watching for the end of federally-funded extended unemployment insurance.

"We are bracing for it," said Vicki Escarra, CEO of Feeding America, the nation's largest domestic hunger-relief charity, in an interview with HuffPost. Escarra said that Feeding America's 200 member food banks across the country feed nearly six million people every week.

"I can assure you, if these unemployment insurance benefits are not reinstated we'll see these numbers go way up," Escarra said.

Two federal programs -- Emergency Unemployment Compensation and Extended Benefits, which together provide up to 73 weeks of jobless aid on top of 26 weeks of state aid -- are set to begin to expire this week because Congress has not reauthorized them. According to the Labor Department, two million long-term unemployed will be dropped from the programs by the end of December if Congress does not act."

No comments:

Post a Comment