Jobless Benefits Extension Bill: 99ers Desire a Tier 5 to Survive
Senators Debbie Stabenow (D-MI) and Charles Schumer (D-NY) Understand the Importance of Legislation
There's no doubt that there are millions of Americans that could benefit from a fifth tier of jobless benefits. The 99ers are a group of displaced workers who haven't been able to find a job in over 99 weeks, and have exhausted all of the tiers of benefits available to them.
There are currently four tiers of unemployment benefits. The first two are available to everyone, and the last two are available depending on the state's job market. States with relatively low unemployment will only be eligible for the first two tiers. This is despite the fact that there are likely many 99ers living in their state.
It's uncertain whether or not a bill brought up would extend all four tiers to all states, although this would be appreciated by those who have exhausted all available tiers. There's also uncertainty as to whether or not Tier 5 would be available to all states, although based on prior legislation the assumption is that only the states that have the highest unemployment will be able to get the benefits.
Debbie Stabenow (D-MI) said the following of the recent legislation passed, and its lack of Tier 5 benefits: "I wish that the bill we passed helped those who have been looking for work the longest - the so-called "99ers." I'm working on a bill to help them because, when there are five people out of work for every one job opening, it's the right thing to do."
Senator Charles Schumer (D-NY) had similar sentiments about a Tier 5 extension. He said "There are a number of people who have maxed out, they've been looking and looking for work but haven't found it, and there is a separate act that would extend those benefits to them,. Extending this was really important. There are some people who go beyond the 99 weeks and we're gonna try to do that next."
There's no timeline indicated as to when Americans can expect to see a bill. Still yet, it's promising to think that there are some out there in Washington that are in-tune to what is going on.
Source:
American Chronicle: U.S. Senator Debbie Stabenow: Time to Bring Back the American Dream
WENY-TV: Sen. Schumer: Unemployment Relief Could Extend to '99ers' (VIDEO)
Published by Meg G.
Meg G. is a financial professional. During her previous life, she ran a contracting business with her husband. Now, she likes to share late breaking news, financial advice, and do-it-yourself tips with her d... View profile
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1 Comments
Post a Commentthis is a very sad day to be an american! i put in hundreds of applications over 96wks and not one reply. ya they made themselves look good again. but never once took care of the real problem there are no jobs!!!! and to no fault of our own. they extended unemployment for who? the long time unemployed are the 99ers you fools(the senate)who did you really help! i say we shut the white house down like those kids in london did! then they will listen!