Expiring government benefits could hit hard, economists say

Government benefits accounted for 20% of Americans' incomes in 2010, and many of those payments are set to end this year. Economists fear that unless the labor market improves significantly, taking that much money out of the economy could be a major setback for the already shaky economic recovery. Loss of benefits will remove $37 billion from the U.S. economy in 2011, Moody's Analytics said.

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