Late yesterday the Senate voted unanimously to extend unemployment benefits to Americans out of work in high-unemployment states (where the rate is above 8.5%) for up to 20 weeks. The Senate also approved an extension of the $8,000 first-time homebuyer tax credit through April 30. The Wall Street Journal's John McKinnon says this is good news for a lot of Americans, but some multinational corporations will be giving up a desired tax break to pay for these programs:
Posted
11-05-2009 7:16 AM
by
Graham Griffith