1.3 million set to lose jobless benefits --- It's not looking good for 1.3 million long-term unemployed workers who were overlooked by a budget deal reached by key lawmakers late Tuesday. -- Federal unemployment benefits will expire on Dec. 28. And with the House scheduled to leave town for the year on Friday, it's looking increasingly unlikely that Congress will agree to extend the recession-era program that fills the gap when state unemployment insurance runs out for workers who can't find a job. --- "Congress should extend unemployment insurance, so more than a million Americans looking for work don't lose a vital economic lifeline right after Christmas, and our economy doesn't take a hit," the President said in a statement. - More, @CNNMoney - at: http://money.cnn.com/2013/12/11/news/economy/unemployment-insurance/index.html
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