Unemployment Insurance
Date:
December 17, 2010
Who:
Congress
Policy Area:
Fiscal Policy
Action Type:
Direct Spending
Maximum Amount:
$56.51 billion
Deficit Impact:
$56.51 billion The tax cut package included a 13-month extension for unemployment benefits for the long-term unemployed, keeping the maximum number of weeks an individual can continue receiving unemployment benefits at 99 weeks in areas of high unemployment.
Source:
Notes:
Maximum amount and deficit impact represent the peak and net cost of this provision--which are the same--from 2011-2020.