MoneyWise :: Lone holdout gives in, Senate OKs jobless benefits

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Released: March 03, 2010

Lone holdout gives in, Senate OKs jobless benefits

Source: Andrew Taylor, Associated Press (SF Gate) (Free Registration)

Putting a lone senator’s cantankerous challenge behind it, the Senate is back to work on a $100 billion-plus bill reviving popular tax breaks and extending longer and more generous jobless benefits through the end of the year.

Kentucky Republican Jim Bunning relented on Tuesday evening, freeing the Senate to approve stopgap legislation extending for another month a host of programs, including highway funding, health insurance subsidies for the unemployed and benefits for the long-term jobless. That gives Congress time to consider the far larger measure covering most of the same programs.

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