Fiscal Cliff could mean loss of benefits for the unemployed - KSFY News - Sioux Falls, SD News, Weather, Sports

Fiscal Cliff could mean loss of benefits for the unemployed

Posted: Updated:

MINNEAPOLIS (AP) - Thousands of out-of-work Minnesotans are at risk of having their unemployment-insurance benefits expire Saturday.

There are 2.1 million Americans who currently receive benefits, including more than 12,000 in Minnesota. There were hopes that Congress would reauthorize the benefits, but those hopes dimmed after lawmakers left Washington last week without striking a deal on the fiscal cliff. 

Some unemployed Minnesotans are minimizing expenses by downsizing their homes and looking for alternatives to owning a car.

Andrea Ferstan is with Greater Twin Cities United Way. She says unemployed people who use up their savings could find themselves turning to charity and government programs for needs such as food and shelter.

Although Emergency Unemployment Compensation is temporary, Congress has renewed the program 10 times since 2008.

 

 

 

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KSFY. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service or our EEO Report.