Detailed text transcripts for TV channel - CNN - 20101216:18:04:00
Basically it extends for 13 months -- this is the employment side of things, emergency federal jobless benefits. it doesn't mean if you had 79 or 99 weeks of benefits you get another 13 months. it extends the availability of those emergency federal benefits for another 13 months. if you've run out of benefits, you don't get more, but more people can get it as a result of this extension. this is something the democrats want. see that 4.2%? this is a one-year break in the payroll tax which funds social security. normally you pay 6.2% of your income on your paycheck. it's going to go down to 4.2%...
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