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Congressional News

Obama to sign homebuyer, jobless bill assistance

Friday, November 06, 2009 6:23:04 AM
By JIM ABRAMS

Graphic shows the rate of unemployment benefit extension exhaustions, by state, per 1,000 populationWASHINGTON (AP) - President Barack Obama is set to sign a $24 billion economic stimulus bill providing tax incentives to prospective homebuyers and extending unemployment benefits to the longtime jobless who have been left behind as the economy veers toward recovery.

The White House signing ceremony Friday comes a day after the House, displaying rare bipartisan agreement over the seriousness of the jobless situation, voted 403-12 for the measure. The Senate approved it unanimously on Wednesday.

The White House said the bill, which also includes tax cuts for struggling businesses, builds on provisions in the $787 billion stimulus package enacted last February that aim at spurring job creation.


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