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

 


There is No Spoon or Dress: How to React to #TheDress

There is No Spoon or Dress: How to React to #TheDress

By Josh Dobbin You are presented with a choice. A series of choices, honestly, with the recent diRead more...
As Bill O'Reilly's Lies Expand, So Does His Audience

As Bill O'Reilly's Lies Expand, So Does His Audience

It's hard to not derive an immense amount of pleasure watching Bill O'Reilly's expanding stack of liRead more...
MEMBERS ONLY: What Sarah Palin and Al Sharpton Tell Us About the Sorry State Of Punditry

MEMBERS ONLY: What Sarah Palin and Al Sharpton Tell Us About the Sorry State Of Punditry

When Sarah Palin and Al Sharpton were photographed together on the red carpet before the 40th anniveRead more...

Comments are closed.