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Taxpayer Calculator: Extending Unemployment Benefits

There are two schools of thought when it comes to extending unemployment benefits: one is economic and the other is emotional. If Congress does not prolong the payments, two million Americans will lose their benefits right away, and the Obama administration estimates seven million Americans will be affected if a year-long extension isn't passed. Forty percent of those unemployed right now have been out of work for six-plus months and unemployment has risen to 9.8 percent. House Speaker Nancy Pelosi (D-Ca.) said that extending benefits is the best type of deficit spending. Pelosi says whatever money you give to jobless Americans goes back into the economy immediately and without it the recovery will stall, causing more people to lose their jobs.

View Source: http://politics.blogs.foxnews.com/2010/12/06/taxpayer-calculator-extending-unemployment-benefits