Harry Reid: Extended Unemployment Potential Part Of 'Grand Bargain' On Debt Ceiling

superstevies wrote:Also read the comments on this Huff Post article on the page. WOW! there are a couple of REAL 99er Haters on there commenting on my comments on how it left out 99ers. We need to wage war on them to show who we are.

superstevies wrote:Also read the comments on this Huff Post article on the page. WOW! there are a couple of REAL 99er Haters on there commenting on my comments on how it left out 99ers. We need to wage war on them to show who we are.

gettheminNOVEMBER wrote:http://www.huffingtonpost.com/2011/07/12/extended-unemployment-on-_n_896252.html

Lets hope and pray they include EVERYONE!

Reid said.

Under current law, as of July, workers laid off through no fault of their own are ineligible for the extra weeks of federal jobless benefits that since 2008 have kicked in for those who exhaust 26 weeks of state-funded benefits. Congress has provided extra weeks of aid during every recession since the 1950s and has never let them expire with unemployment above 7.2 percent.

The rate currently stands at 9.2 percent and isn't expected to come down anytime soon. And letting the benefits expire could very well damage the economy.

mistermunster wrote:Ha, Ha, Ha...back to the SAME old BS of the LAST two years. Extending and FUNDING the EUC08 takes precedence OVER 99ers. I'm just flabbergasted......Oh wait , I'm not....It's SAME old tricks TO AVOID addressing those THAT have fallen off. We are the FORGOTTEN ones for sure now. I AM sooooo PISSED at this madness.

Angelicrisis wrote:

gettheminNOVEMBER wrote:http://www.huffingtonpost.com/2011/07/12/extended-unemployment-on-_n_896252.html

Lets hope and pray they include EVERYONE!

Reid said.

Under current law, as of July, workers laid off through no fault of their own are ineligible for the extra weeks of federal jobless benefits that since 2008 have kicked in for those who exhaust 26 weeks of state-funded benefits. Congress has provided extra weeks of aid during every recession since the 1950s and has never let them expire with unemployment above 7.2 percent.

The rate currently stands at 9.2 percent and isn't expected to come down anytime soon. And letting the benefits expire could very well damage the economy.

LMAO!!!!!! getthem I just noticed you commented to the same person I did under that article. "Typical tea-bagger......."We pretty much had the same response to this person. Gonna fan you.

A deal to raise the statutory U.S. borrowing limit and cut the federal budget may preserve federal unemployment benefits set to expire at the beginning of next year, lawmakers said Tuesday.

President Obama has said he'd agree to billions in spending cuts in exchange for higher taxers as part of a "grand bargain" to address the nation's long-term fiscal imbalance while preventing a potentially disastrous default at the beginning of August.

HuffPost asked Senate Majority Leader Harry Reid (D-Nev.) if congressional negotiators and the White House were considering reauthorizing the extended benefits as part of the deal.

"On the grand bargain, of course," Reid said.

DesperateInRI wrote:

A deal to raise the statutory U.S. borrowing limit and cut the federal budget may preserve federal unemployment benefits set to expire at the beginning of next year, lawmakers said Tuesday.

President Obama has said he'd agree to billions in spending cuts in exchange for higher taxers as part of a "grand bargain" to address the nation's long-term fiscal imbalance while preventing a potentially disastrous default at the beginning of August.

HuffPost asked Senate Majority Leader Harry Reid (D-Nev.) if congressional negotiators and the White House were considering reauthorizing the extended benefits as part of the deal.

"On the grand bargain, of course," Reid said.

http://www.huffingtonpost.com/2011/07/12/extended-unemployment-on-_n_896252.html

.......And it better have the provisions of HR 589, adding 14 weeks to Tier 1, to help the 99er's this time!

House Majotity Leader Harry Reid indicated to Huffington Post the unemployment benefits would be part of the $4T so-called “grand bargain.” President Obama has indicated in the past the unemployment benefits are part of what may be part of any negotiation. At yesterday’s press conference the President indicated that unemployment benefits would be a good short term way to stimulate the ecomomy. Whether benefits would apply to those needing short term or long term unemployment is unclear.

Congress has provided extra weeks of aid during every recession since the 1950s and has never let them expire with unemployment above 7.2 percent.