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Putting the Squeeze on Jobless Benefits

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Putting the Squeeze on Jobless Benefits Empty Putting the Squeeze on Jobless Benefits

Post by Guest Fri May 06, 2011 5:09 pm

This is getting very scary, folks! affraid

In December, President Obama cut a painful deal, stomaching an extension of the Bush tax cuts for the richest Americans in exchange for keeping federally extended benefits in place for the remainder of the year.

Despite that deal, in the past month or so, a number of lawmakers have started to whittle benefits back. In March, Michigan became the first state to take an axe to its standard unemployment benefits, even though the state boasts one of the worst labor markets in the nation. For all the other states cutting back, the issue is inaction, rather than fiscal pressure. Some states needed to make a certain simple legislative fix to ensure that the federal government kept on kicking in its share of weeks of benefits—weeks of benefits already budgeted and paid for in Washington. A number of states failed to do so. So, on April 16, North Carolina, Tennessee, and Wisconsin all lost 20 weeks of federal benefits, effective immediately. Missouri did on April 2 as well.

On top of that, this week, House Republicans introduced a bill that effectively encourages states to whittle back their unemployment insurance systems. The legislation—written by Rep. Dave Camp (Mich.), the head of the Ways and Means Committee—gives states the option of using federal unemployment-benefit dollars for other job creation programs. ("Job creation" is defined broadly, so that repaying federal loans or providing tax breaks to businesses counts.) If some states, perhaps following Michigan's example, cut benefits and use federal dollars to repay loans rather than provide weeks of aid, it could take billions from jobless Americans' pockets.

Putting the Squeeze on Jobless Benefits Eleph10
http://tinyurl.com/3wbzr4r

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Putting the Squeeze on Jobless Benefits Empty Re: Putting the Squeeze on Jobless Benefits

Post by Guest Fri May 06, 2011 8:13 pm

It is beyond scary...They forget that WE are the reason THEY have jobs. Our taxes pay for there every need and they dont care about us. They are employed by US, Yet they always seem to make us feel inferior. We need to remind them why they are there.

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Putting the Squeeze on Jobless Benefits Empty Re: Putting the Squeeze on Jobless Benefits

Post by mistermunster Sat May 07, 2011 2:59 am

This is the GOPer 'FINAL SOLUTION" to get rid of us. This seems to be stage 1 in an assault against the unemployed. To them we are a burden on their deficit plans. Hatch is a !@##$#@!@#$. After the crap he pulled last year on the unemployed. Guys got it in for unemployed people. Holier-than-thou BLeep
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