Unhappy New Year: Congress Unlikely to Renew Unemployment Benefits By End of the Year

unemployment_end_of_year

The Daily Banter Headline Grab. From Huff Post:

The U.S. House of Representatives will convene on Sunday in a last-minute effort to avoid the steep spending cuts and tax cuts scheduled to take effect at the end of the year. But Sunday will already be too late for long-term unemployment insurance, which will almost certainly lapse on Saturday thanks to congressional inaction.

According to the National Employment Law Project, a worker advocacy group, more than 2 million Americans will stop receiving benefits after Dec. 29, when the federal Emergency Unemployment Compensation program will cease to exist.

“The 11th hour has arrived,” NELP director Christine Owens said in a statement on Thursday. “Other consequences of going over the fiscal cliff won’t be felt for some time, but losing Emergency Unemployment Compensation will deliver an immediate and severe blow to people who are already down.”

Enhanced by Zemanta

Like Us On Facebook!

More on the Banter:

Upbeat President Obama Skips 'Naughty' TV Reporters In Year-End Press Conference

Upbeat President Obama Skips 'Naughty' TV Reporters In Year-End Press Conference

President Obama held his last press conference of the year today, and you'd never know he just got t[Read more...]
This Healthy Dog Will Die If a Dead Woman Gets Her Last Wish
MEMBERS ONLY: 'Redefining Beauty' Is a Great Idea Until You Actually Think About What It Means

MEMBERS ONLY: 'Redefining Beauty' Is a Great Idea Until You Actually Think About What It Means

The Huffington Post tried to "redefine beauty" at least a half-dozen times in 2014, but the effort i[Read more...]
North Korea Officially Named in Sony Hack as Hackers Gloat Over Victory (Updated)
Did Emperor Obama Really Lie About Not Using Executive Actions?

Did Emperor Obama Really Lie About Not Using Executive Actions?

USA Today, and now Fox News, are trying to make the case that President Obama pulled a switcheroo, c[Read more...]

Comments are closed.