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Federal money for jobless benefits signed by Eisenhower
President Eisenhower signed emergency legislation to provide up to 1 trillion dollars in federal advances to states to extend unemployment benefits by about 13 weeks at $20 weekly. States face legislative or constitutional hurdles to accept funds, while AFL-CIO critics call the measure largely useless. The bill requests $665.7 million for administration and uses roughly $640 million for benefits, with payroll tax recoupment starting in 1963.
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