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After Debt Debate, Congress' Next Crisis: Unemployment Extensions, Again
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After Debt Debate, Congress' Next Crisis: Unemployment Extensions, Again
It seemed like only yesterday that Congress was embroiled in a no-holds-barred fight over whether or not to approve emergency funding for unemployment extensions that would affect at least 4 million jobless Americans who had seen their regular benefits already expire.
In fact, that battle was waged almost throughout 2010 and, after deferring actually doing something about the 2011 budget and the approaching debt ceiling (both battles that took up far too much time and political capital in 2011), the December 2010 deal allowed for the continuation of the unemployment extensions (a four-tier program that allows up to 99 weeks of unemployment if the applicant qualifies and dependent on applicant's state of residence, which could allow for fewer weeks) through December 2011.
Already August and with the economy showing no signs of an energetic upturn anytime soon, the enormous number of long-term unemployed looks to be locked in for months, extending far into 2012. It appears that Congress will be gearing up to fight over unemployment extension benefits relatively soon.
http://news.yahoo.com/debt-debate-congress-next-crisis-unemployment-extensions-again-222900937.html
Guest- Guest
Re: After Debt Debate, Congress' Next Crisis: Unemployment Extensions, Again
Here we go again! 99ers must be included!
TOO OLD TO HIRE IN PA- Member
- Posts : 329
Join date : 2011-02-21
Location : Pennsylvania
Re: After Debt Debate, Congress' Next Crisis: Unemployment Extensions, Again
I have little faith that anyone will see anything.....we are not on either sides radar except for sound bites. Far better to keep us around for the next election cycle to use and mobilize; we are betrayed
tristen303- Member
- Posts : 663
Join date : 2011-02-24
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» Renewal of unemployment benefits, largely overlooked in Congress' debate over extending the payroll tax cut, comes with a hefty price
» America's Debt Crisis - Budget pain already taking a toll
» Forget Unemployment Extensions, Cutbacks More Likely
» Governors brace for inevitable cuts to states as debt debate rages on
» President to push for Unemployment Extensions in the weeks ahead
» America's Debt Crisis - Budget pain already taking a toll
» Forget Unemployment Extensions, Cutbacks More Likely
» Governors brace for inevitable cuts to states as debt debate rages on
» President to push for Unemployment Extensions in the weeks ahead
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