The latest reports from within Congress seem to indicate that the ‘Americans Want to Work Act’ or S.3706 unemployment extension bill presented by Senator Debbie Stabenow (D-MI) has not been included in the Senate’s schedule. This new bill proposes to extend the current 99 weeks’ worth of Federal Unemployment Benefits given to the unemployed by [...]
Presidential Economic Advisor Laura Tyson highlighted the correlation between education and unemployment during a discussion on ABC’s ‘This Week’ recently, which focused on the unemployment problem and the proposed Tier 5 unemployment extension. She pointed out that the majority of America’s 14.6 million unemployed people were actually high school dropouts. “The unemployment problem is primarily [...]
House lawmakers are returning for another session despite being just one week into their month long recess, in order to act on a proposal which aims to provide states with up to $16 billion in extra federal Medicaid assistance. This vote follows a move by Senate Democrats, who unexpectedly passed a state aid package last [...]
The latest extension of federal unemployment benefits legislation incorporates a new provision known as the Emergency Unemployment Compensation Fix (EUC Fix). The EUC Fix effectively removes the disincentive for unemployed workers currently in receipt unemployment benefits, to take part-time or temporary work. Under previous regulations, unemployed people who received benefits were wary of taking a [...]
Jeffrey Miron, Director of Undergraduate Studies in the Department of Economics at Harvard University recently opined in an interview with FoxNews that the proposed Tier 5 unemployment extension benefits would probably discourage the unemployed from accepting less desirable or less paying jobs, and instead opt to remain on unemployment benefits “for extra weeks or months” [...]
Unemployed Americans looking for a Tier 5 unemployment extension have a reason to rejoice, now that Senator Debbie Stabenow (D-MI) has announced the introduction of the “Americans Want to Work Act.” This fresh proposal will provide emergency help for financially tight families by creating a new tier of benefits for the 99ers, whom are those [...]
Senate Majority Leader Harry Reid’s lead over Sharron Angle in the polls has been narrowed down to just 1 percent. This is according to the latest Mason-Dixon survey, in which Reid had 43 percent of the votes, versus Angle’s 42 percent. However, there is a margin of error of plus or minus 4 percentage points, [...]
Senator Debbie Stabenow from Michigan has come out to declare her support for the 99ers and said she is working on a new bill to get more unemployment extension financial aid for them. Previously, only Senator Charles Schumer from New York had explicitly indicated support for this group of jobless Americans. But seeing so many [...]
The unemployment extension bill finally got put into action on Thursday after President Obama signed the new legislation. “After a partisan minority used procedural tactics to block the authorization of this assistance three separate times over the past weeks, Americans who are fighting to find a good job and support their families will finally get [...]
The unemployment extension bill was passed by a vote of 60-40 in the Senate yesterday afternoon. With widespread demand from the millions of jobless Americans for the bill to be passed, 40 Senators still voted “Nay” despite some of them representing states with high levels of unemployment. The 40 Senators who voted against the unemployment [...]
