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In California, the state closest to complete economic collapse, the going rate is $450 per week, New York is a $405. Lets go with the lower number for sake of argument. According to Obama's National Bureau of Labor Statistics the number of unemployed persons, at 14.6 million, and the unemployment rate, at 9.5 percent, were unchanged in July. That works out to 5.8 billion a week or 303.6 billion to extend every ones benefits an extra year. For comparison that is a little less than half the US military budget for 2009 or 17 times what we will spend on NASA in 2010. Not stimulus spending by any means but not a drop in the bucket either. Also that is just the cost of payouts. Administrative costs (and when dealing with a Federal bureaucracy I don't imagine those are small) have to get dumped on top of that.

You picked the far most expensive states. That’s going to lead to a biased result that’s too high. I’d say it’s probably $200b a year or so, which isn’t nothing I’ll admit. But still, it’s a drop in the bucket compared to what wall street and the AIG/Goldmans/unions got.