Extended Unemployment Insurance
Date:
June 1, 2008
Who:
Dept. of Labor
Policy Area:
Fiscal Policy
Economic Target:
Consumers
Action Type:
Direct Spending
Maximum Amount:
$12.80 billion
Amount Spent:
$12.80 billion
Deficit Impact:
$8.50 billion Increase in funding for unemployment benefits and extension of emergency compensation through August 27, 2009.
Notes:
Actual cost unavailable, amounts based on 2009 CBO estimates of related bill (http://www.cbo.gov/ftpdocs/91xx/doc9148/hr5749.pdf). Amount spend and maximum amount based upon cost for 2008 and 2009, deficit impact represents ten year cost.