Briefing

Fiscal deal will cost you: 8 tax changes

Here are eight tax changes under the 'fiscal cliff' deal that may hit your pocketbook.

By , Staff writer

7. Extended unemployment insurance benefits preserved

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    Job seekers stand in line to meet with prospective employers at a career fair in New York City in this October file photo. A new congressional deal preserves extended federal unemployment benefits for an additional year.
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The fiscal deal continues the extended unemployment insurance benefits for the long-term unemployed for an additional year. In some hard-hit states, that coverage provided aid for up to 99 weeks. That coverage was due to expire Jan. 1 and would have caused jobless aid to expire after 26 weeks of state unemployment benefits. By one estimate, the new deal from Congress will keep some 2 million jobless from being cut off immediately and another 1 million from losing the aid early this year.

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