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Transcripts For ALJAZAM News 20131229

It affects millions of americans nearly 11 million, in fact, do not have a job. 4 million have been unemployed for more than six months. Many are at risk of falling into poverty. As of today 1. 3 million americans lost longterm Unemployment Benefits. On average each person got a little more than 1,000 a month. The benefits began at the height of the recession, costing 225 billion for the federal government. Congress renewed the payouts until this year. Congress said the economy means it needs to be cut. Theres a lot of ideas part of the president s budget, different budgets, but there seems to be a gridlock in congress, and an unwillingness to take it on. In america we dont look at problems like this as too big and we cant forget the unemployed because its a hard problem to sold. We turn to jennifer london, live in honolulu where the president is vacationing. What kind of behind the scenes work is the president doing trying to extend the benefits . Well, long before the president began

Transcripts For ALJAZAM News 20131228

Longterm Unemployment Benefits ran out. A live line for life line for 1. 3 million people. They are cut off. They wont be getting what they used to go a little over 1,000. It start at the height of the recession. Since then it cost 225 billion since 2008. The u. S. Economy is adding jobs, but is well short of a total before the bottom fell out of the Labour Market in 2007. The hardest hit are the longterm unemployment, 4. 9 million will exhaust emergency benefits during 2014, unless Congress Acts to renew the program. People like 56yearold norbert franzak are being cut off now. Im not going be able to pay for utilities. In fact, after this check i get this week from unemployment, i have to pay the mortgage payment on 1 january, ill have less than 200 in the bank. Before congress adjourned for the year president obama appealed for the benefits to be restored. For many looking for work Unemployment Insurance is a life line that can make the difference between temporary hardship and lasti

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