Bush Signs Jobless Benefits Extension

cnn.com — President Bush signed a measure to extend unemployment benefits by at least seven weeks in every state, White House spokeswoman Dana Perino said. The Senate overwhelmingly approved the bill, which also calls for benefits to be extended by 13 weeks in states with an unemployment rate of at least 6 percent. The bill was approved by the House in October. Perino said in a statement that Bush will sign the legislation "because of the tight job market." In September, Bush threatened to veto a broader stimulus bill that included the extension of jobless benefits. In most states, unemployment benefits are paid for a maximum of 26 weeks.

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