Obama: 'It Makes Sense For Us To Extend Unemployment Insurance'

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Federally-funded extended benefits, which in some states give the unemployed 73 weeks of aid on top of the 26 weeks traditionally provided by state governments, will expire at the end of November if Congress takes no action. That means the House and Senate will have less than two weeks from when they reconvene on Nov. 15 to reach an agreement that took nearly two months this summer.

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