Friday, September 20, 2013

http://www.edd.ca.gov/unemployment/Federal_Unemployment_Insurance_Extensions.htm New Developments on Federal Unemployment Extensions and Benefit Cuts (Updated September 17, 2013) The percent of unemployment is slightly rising over 7.6% as of last month (http\://rt.com/usa/may-jobs-unemployment-report-381/. Several new benfits for workers that are currently unemployed have been created. To be exact, 10 new benefits have been created according to The California Employment Development Department(EDD). Most of these benefits are however extensions to previous unemployment policies. There has also been a 17.69% sequation cut. What this means is the government is spending more money on lets say healthcare benefits and to do this they are cutting the sequation to use the money in other places. I personally think cutting sequation for more important benefits is a deent idea. I dont agree with the 10 new benefits that are being created; even though they're mainly just extensions. THis is just causing the government to throw more money into the public that we dont have. Could this cause more national debt?

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