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Transcripts For BLOOMBERG Lunch Money 20131228

1. 3 americans 1. 3 million americans will have their only steady income disappear completely. The emergency Unemployment Benefits and tomorrow. The date for the emergency Unemployment Compensation program. This is the program that has been lit renewed and renewed since 2008. It is trying to cushion the impact of the recession. This was extended Unemployment Benefits normally provided by the states. This has been renewed 11 times since then. It allows up to 73 weeks of benefit. Is not just 1. 3 million americans losing these benefits immediately. We are talking about over the course of next year, more out of work workers will fall out of the program. On budget and policy priorities estimates nearly 5 Million People will eventually lose out if it is not renewed. Will increaseber by 73,000 people on average every week that we continue to block extension. And is both a moral outrage another congressionally conflicted blow to our economy and its unprecedented whenever unemployment levels h

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