Senators Reach Compromise On Extending Benefits For Long-Term Unemployed

Source: AP / The Huffington Post

WASHINGTON — A bipartisan group of senators says they have reached a compromise extending jobless benefits for the long-term unemployed for five months.

If the Senate approves the deal, it would break a months-long stalemate over the issue in the chamber between the two parties.

Two leaders of the negotiations — Democratic Sen. Jack Reed of Rhode Island and Republican Sen. Dean Heller of Nevada — said in a statement that the deal would be retroactive to the end of last year. Since that time, jobless coverage has expired for roughly 2 million people.

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