KRTV: Tester seeks to end unemployment payments for millionaires

U.S. Senator Jon Tester joined with several other lawmakers to introduce the “Ending Unemployment Payments to Millionaires Act” in Congress on Tuesday.

Tester said in a press release that it’s time to put an end to making taxpayers foot the bill for people with seven-figure trust funds.

He explained, “Millionaires shouldn’t be able to claim an unemployment check. This is common sense legislation that will save taxpayers dollars and make sure that people who need unemployment compensation are able to get it.”

According to a report published at, as many as 2,840 households who have reported an income of $1 million or more on their tax returns were paid a total of $18.6 million in unemployment benefits in 2008, according to Internal Revenue Service figures.

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