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Unemployment Insurance Reform One Step Closer After Committee Vote
RALEIGH — The bill, which would reduce the maximum weekly benefit from $535 to $350 and reduce the maximum benefit duration from 26 weeks to 20 weeks is scheduled for its first of two floor votes on Monday night. If the legislation becomes law, supporters believe the $2.5 billion debt to the federal government can be repaid by 2015 or early 2016.