Source: Tami Luhby/CNN Money
The Senate on Wednesday approved a wide-ranging bill that would push back the deadline to file for extended unemployment insurance until year-end and extends dozens of expired tax breaks.
The bill, passed by a 62-36 vote, is the latest job creation effort to go before lawmakers, though it contains virtually no new initiatives. Its price tag has wavered between $140 billion and $150 billion, which is partially offset. Its next stop is the House.
Lawmakers have come under pressure from both the White House and unemployed Americans to do more to spur hiring. But after many speeches, officials have enacted little to help the nearly 15 million looking for work.
The latest efforts — which include a $15 billion job creation effort that the Senate will take up next — have come under fire from both sides. Some say that more must be done to boost employment. Others, particularly Congressional Republicans, have voiced concerned about adding to the deficit.
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