Senate advances bill to renew expired jobless benefits

WASHINGTON Thu Mar 27, 2014 4:50pm EDT

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WASHINGTON (Reuters) - A White House-backed bill to renew expired jobless benefits for 2.2 million Americans cleared a Republican procedural hurdle on Thursday in the Democratic-led Senate.

On a 65-34 vote, the bipartisan measure advanced toward anticipated Senate passage, yet it will likely die when it reaches the Republican-led House of Representatives.

House Speaker John Boehner, the top Republican in Congress, has called the measure "unworkable," citing concerns by state administrators.

Boehner and other Republicans have also opposed the measure because it does not meet their demands that it include provisions to create jobs.

Democratic and Republican proponents reject the criticism and note that in the past such relief has been routinely extended with strong bipartisan support.

They also argue that renewing the benefits would help 2.2 million Americans as well as the U.S. economy by pumping more money into it. Relief to the unemployed averages $300 a week.

The measure would restore unemployment insurance for five months, retroactive to December 28, when it began to expire for those who have been out of work for at least six months.

Backers say during this extension, which would end in late May, Congress could explore ways to bolster the emergency unemployment program and consider new job creation measures.

The $10 billion cost of the measure would be covered by a number of proposed savings in the federal budget, and include a ban against anyone receiving jobless benefits if their income the previous year topped $1 million.

(Reporting By Thomas Ferraro; Editing by Doina Chiacu)

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Comments (7)
morbas wrote:
“Boehner and other Republicans have also opposed the measure because it does not meet their demands that it include provisions to create jobs.” I have deduced that these prases end with an inferred ‘for the rich’ every time.
PSST Republicans,

USA tax structure is the fault and an obstacle to worldly potential. Transaction tax code imposes disproportionate burden at the most fundamental rights of liberty, justice. Any encumbrance on sustenance is contrary to equality in the ’pursuit of happiness’. Debt and deficit is simply insufficient revenue. We can nationalize the tax code eliminating all other taxation, immediately balancing the budget(s), through a margin graduated income tax principle.

To: Office of Senator ____________________
United States Senate Washington,
D.C. 20510
To: Office of Representative_________________________
U.S. House of Representatives
Washington, DC 20515

We the people of this United States do proclaim this federal government ‘of, by and for the people’. That, in order to fairly distribute revenue burden, to satisfy ‘net income’ progressive taxation, to balance all governments budgets, and to not tax poverty;
The people mandate:
Income National Tax code that shall use margin graduated income tax principle: Margin $30k 0% single, $60K 0% joint, income above this a linear increasing rate {Income-[$30k or $60k])*(Income/$800k)*90%; 90% limit} . Exemptions shall be prohibited. The Federal Reserve shall amend the (90%) rate, and control currency printing mandated to maintaining currency availability and value. The Federal Reserve shall set the Margin rate value well (>2x) above highest of all State Poverty Level(s). Revenue shall be proportioned 1/3rd Federal,1/3rd State proportioned per cast ballot and 1/3rd Local proportioned per cast ballot.
This National Tax is a peoples tax, no other citizen taxation shall be permitted. Business shall not be taxed. The Federal Reserve shall control taxation. The people will by simple majority approve or reject all margin and rate changes at every Congressional House Representative election year ballot.

Use Linear Interpolation between points.
Joint Income
$60k-yr 0%
$100k-yr 4.5%
$200k-yr 15.75%
$300k-yr 27%
$500k-yr 50%
Upwards…

This will recreate the roaring 20′s just as the Income Tax Act of 1913 did. It avoids the Great Depression by linking monetary supply with value as the only FED mandate.
-
morbas(i)

Mar 27, 2014 4:00pm EDT  --  Report as abuse
Bakhtin wrote:
“Boehner and other Republicans have also opposed the measure because it does not meet their demands ”

That pretty well sums up the GOP: “do as we demand or nothing”. Divisive to the core.

Mar 27, 2014 12:25am EDT  --  Report as abuse
uc8tcme wrote:
The GOP and the GOP State Administrators do not want to pay any back pay on the unemployment benefits (bc they were wrong not to extend in…hoping it would be a back lash on Obama), so they say the states do not want to folks who do not deserve it ie. now have a job. That is a easy fix, run their SS# against the current states SUI (state unemployment insurance) system to determine who is currently paying and how long, then use deductive reasoning (or in this case simple math).

Mar 28, 2014 7:52am EDT  --  Report as abuse
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