Thousands Of Millionaires Collect Unemployment...How Is This Pos - Spokane, North Idaho News & Weather KHQ.com

Thousands Of Millionaires Collect Unemployment...How Is This Possible?

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YAHOO.COM - A new report shows that some 2,400 millionaires received unemployment insurance benefits during the economic downturn, a number that has caught the attention of politicians who funded extensions of benefits for up to 99 weeks as the economy crumbled.

In 2009, 2,362 millionaires received unemployment benefits, down from 2,840 the year prior, according to a study from the Congressional Research Service, a non-partisan arm of U.S. Congress that provides policy and legal analysis. Of the 2,362 more than 1,000 receiving unemployment benefits had a household adjusted gross income of $1.5 million in 2009. click here to read more

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