Monday, April 5, 2010

JOBLESS BENEFITS EXTENSION EXPIRES

For those hit hardest in the recession, federal unemployment benefits have come to a close, for now.

Congress recessed a week ago without extending jobless benefits, federal health insurance subsidies and certain tax breaks. The state of Arkansas is not in a financial condition to pick up the feds’ slack.

John Lyon with our content partner, the Arkansas News Bureau, reports:

The federal government’s contributions to COBRA, the program that allows laid-off workers to remain on their former employers’ insurance plans for a limited time, expired Wednesday.

“We can’t control what Congress does, and we can’t replace those benefits ourselves,” said Matt DeCample, a spokesman for Gov. Mike Beebe’s office.

“But we are telling people that are calling with concerns to keep those claims open. Congress comes back a week after these expire, so there is a possibility that additional action could be taken when they return on the 12th,” DeCample said.

You can read the full story at this link.