Before the House Ways and Means Committee last week was a sensemaking Administration proposal to make immediately available to the states an estimated $587 million for extending the unemployment compensation of eligible unemployed whose state payments had run out. The bill would cover expirations during the 15-month period from last Jan. 1 to March 31, 1959. It would extend compensation 50% longer than the maximum time allowed by state law, ranging (depending on the states) from eight to 15 weeks. It would advance to the states the necessary funds but require that the money eventually be paid back to the Federal...
To continue reading:
or
Log-In
