Friday, August 26, 2011

Obviously Michigan needs a financial planner to get rid of the governor and the legislature

Michigan cuts jobless benefits by 6 weeks

rick_snyder.top.jpgMichigan Gov. Rick Snyder has signed legislation that cuts extended jobless benefits by 6 weeks.
By CNNMoney staff



NEW YORK (CNNMoney) -- Michigan has reduced unemployment benefits, with Gov. Rick Snyder signing into law a bill cutting the payouts by six weeks.

Snyder signed the bill late Monday, cutting extended benefits to workers to 20 weeks from 26 weeks.


A growing number of states are looking to cut back on jobless benefits to minimize the increase in unemployment taxes businesses pay . State officials are concerned that these tax hikes could deter companies from hiring.

full text: http://money.cnn.com/2011/03/29/news/economy/michigan_jobless_benefits/index.htm

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