Unemployment Extension for the Unemployed
Millions of jobless Americans who had been cut off with or is about to lose unemployment insurance compensation will finally again, after several filibusters, hear from the Senate about the extended unemployment benefits for those unemployed for more than 26 weeks come Tuesday.
However, the sad news is, the bill doesn’t cover the 99ers—or those people that have already exhausted their UI benefits for 99 weeks.
This time, according to Senate Majority Leader Harry Reid (D-Nev.) last Wednesday said that the Senate would vote move forward with reauthorizing unemployment benefits on Tuesday morning, after the replacement for the late Sen. Robert Byrd (D-W.Va.) has been sworn in.
Unemployed Americans will take immediate relief as the bill gets passed as it would be retroactive for everyone and that it will bolster expenditures in the market and taxes paid will then paid for the deficit in which the latter has always been the argument of Sen. Ben Nelson (D-Neb.) and the Republicans for blocking the bill consistently.
Again, this leaves us the question, what if the votes to pass the unemployment extension bill still run short with 60 votes needed.
A much deeper question is, are you anxious about the Unemployment Extension Bill? (Click on the link to answer the poll).