Unemployment Extension Bill 2010 - America's Jobless Benefits Bill Signed by Obama
Jobless Benefits Became Available when Obama Signed HR4213
The legislation has been held up in the Senate since before the Memorial Day Holiday. Congress went on recess both for Memorial and Independence Day without passing the measure.
The resistance was with the GOP, who cited fears that deficit spending would ruin the economy for generations to come. The Democrats were first to point out that the Republicans started the deficit spending during the Bush Administration.
A filibuster was lifted on Tuesday, after Carte Goodwin was named interim Senator from West Virginia. The filibuster needed 60 votes to pass, and the Senate only had 59 yay votes before he was placed in the body.
On Wednesday, the bill was passed in the Senate with a vote of 59-39. The bill was then signed by Obama yesterday.
Many are excited that the legislation passed all the hurdles that it faced. After all, the extension was a much-needed lifeline for those who haven't been able to find work in this down economy.
However, there has been much confusion over the bill. Perhaps the mainstream media's lack of extensive coverage of this measure is to blame. However, the benefits extension bill doesn't include a few provisions that many people expected it to.
First, a $25 a week bonus that was added on during previous legislation was struck from this version of the bill. The Democrats needed to shave down the measure in order to get it to a size that the Republicans would stomach.
In addition, the COBRA subsidy - 65% of premiums - was done away with as well. This means that families have to pay 100% of their COBRA bill - if they want insurance. Many people can't afford the premiums even if they ARE working.
The measure also doesn't add a true "extension." Only the 1-4 tiers that were available previously are available now. There's no Tier 5 and there' s no availability of existing tiers for those previously ineligible.
Still, the measure needed to pass in order to pave the way for further extensions. Hopefully, Congress will see that this measure was good - but not enough to solve the problem.
Source:
HR4213
Huffington Post
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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13 Comments
Post a CommentI’m glad the extension was passed, but don’t forget the 99'ers, don’t disappear, keep supporting the 99'ers
!!VOTE OUT THE REPUBLICANS IN NOVEMBER!! Please sign the petition @change.org http://humanrights.change.org/petitions/view/vote_out_the_republicans_in_november
I�mgladtheextensionwaspassed,butdon�tforgetthe99ers,don�tdisappear,keepsupportingthe99ers!!VOTEOUTTHEREPUBLICANSINNOVEMBER!!Pleasesignthepetition@change.orghttp://humanrights.change.org/petitions/view/vote_out_the_republicans_in_november
New World Order is gaining speed...
h**p://www.threeworldwars.com/new-world-order.htm
Oligarchy thats all that needs to be said.
SIMPLE ANSWER….THEY COULD GIVE A RATS A$$ HOW THEY SCREWED US……THIS IS NOT OUR WORLD. IT IS THEIRS TO DO WITH AS THEY PLEASE….EVER HAD A RAT/POSSUM-BURGER BEFORE?
I CANNOT UNDERSTAND WHY COMMON SENSE DID NOT MAKE THEM INCLUDE 99ERS IN THE BILL?
HEY GOP’ERS…HERE IS A FREEBIE SINCE YOU ALL HAD ‘SOLUTIONS’ ON EXTENDING THE UNEMPLOYMENT BENEFIT WITHOUT RAISING THE DEBT, THEN WHY ON GOD’S GREEN EARTH WONT YOU SPEARHEAD LEGISLATION SO THAT THE 99ERS CAN BENEFIT FROM A PAID FOR EXTENSION?…..ahhhh TOO SIMPLE…
If it doesn't benefit the rich the rest of us can go hungry. I watched the debates and the republicans are all too old and set in their ways to deal with the problems our country faces.The Johns in AZ are a joke.
Ron Paul 2012-we need someone that will take care of our country first.Just take a look at what he is all about.He has my vote.
Yeah, thats dandy. But if you live in a inbred state like PA, its going to take up to FOUR weeks to get a payment. I guess the states commodore 64 is overloaded. Please pray that somebody buys my house here so I can go back to NEW JERSEY!
Republicans can kiss it Ive only been unemployed for 7 months and its going to take 2 more weeks for me to get the benefits by then I will have no food no lights and probably no home so anyone who votes the dems out of office is just as bad as those republicans in the senate. vote dem
HEY WASHINGTON, WE ARE STILL UNEMPLOYED.the job ive worked for the last 24.6 years has faded into the abyss of that so many others have over the years.the people who come to this country just to take advantage of our outdated policy need to pay taxes when they get here and not be able to live here not paying taxes for however many years, then take our monies back to their home country and send their relatives to suck more of the life blood from this country.MAKE THEM PAY SO OUR PEOPLE DONT SUFFER BECAUSE OF THE DEFICIT THAT HAS BEEN CREATED BY POLITICS