More Than 2,000 Millionaires Received Unemployment Benefits In 2009
Congressional Republicans have seized on the data,
calling for an end to unemployment benefits for millionaires as a
means of reducing the national debt, Bloomberg reports. They made a similar proposal last year.
But the 2,362 millionaires received a total of $20.8 million
in unemployment benefits in 2009, accounting for just 0.02 percent of
all unemployment benefit income and representing 0.02 percent of all
recipients, according to the Congressional Research Service's report.
Eliminating unemployment benefits for millionaires would do almost
nothing to decrease the $1 trillion federal budget deficit.
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