The Briefing Room

General Category => Politics/Government => Topic started by: mystery-ak on March 13, 2014, 09:14:11 pm

Title: Senate reaches unemployment deal
Post by: mystery-ak on March 13, 2014, 09:14:11 pm
http://thehill.com/blogs/on-the-money/economy/200767-senate-reaches-unemployment-deal (http://thehill.com/blogs/on-the-money/economy/200767-senate-reaches-unemployment-deal)

March 13, 2014, 04:54 pm
Senate reaches unemployment deal

By Vicki Needham

The Senate reached a bipartisan deal on Thursday that would renew unemployment benefits for five months.

The plan, put together by Sens. Jack Reed (D-R.I.) and Dean Heller (R-Nev.), would provide retroactive benefits to those who lost federal help after the program expired on Dec. 28.

“There are a lot of good people looking for work and I am pleased we’re finally able to reach a strong, bipartisan consensus to get them some help,” Reed said.

The bill is co-sponsored by a broad swath of Democrats and Republicans, including Sens. Susan Collins (R-Maine), Rob Portman (R-Ohio), Lisa Murkowski (R-Alaska), Mark Kirk (R-Ill.), Jeff Merkley (D-Ore.), Cory Booker (D-N.J.), Sherrod Brown (D-Ohio) and Dick Durbin (D-Ill.).

It would be considered after the Senate returns to Washington following a one-week recess.

The deal combines components from Republican and Democratic proposals.

It would use several offsets to pay for the $10 billion cost of extending the benefits, including pension smoothing provisions from the 2012 highway bill, which were set to phase out this year, and extending customs user fees through 2024.

The bill also includes an additional offset allowing single-employer pension plans to prepay their flat-rate premiums to the Pension Benefit Guaranty Corporation (PBGC).

The measure would also prevent millionaires and billionaires from receiving the benefits.

The proposal also includes language pushed by Collins to strengthen reemployment and eligibility assessment and Re-employment Services programs, which would provide enhanced, personalized assessments and referrals to reemployment services when unemployed workers begin their 27th week of benefits.
Title: Re: Senate reaches unemployment deal
Post by: Oceander on March 14, 2014, 12:16:13 am
The damned 'R's in the House had better not put up some sort of a short-sighted snit-fit over this.  That would do nothing more than hand the democrats an almost perfect distraction from Obamacare and the floundering economy.
Title: Re: Senate reaches unemployment deal
Post by: Atomic Cow on March 14, 2014, 12:17:15 am
5 months is just in time to bring it up again during the middle of the campaign.
Title: Re: Senate reaches unemployment deal
Post by: Oceander on March 14, 2014, 01:33:38 am
5 months is just in time to bring it up again during the middle of the campaign.

so the 'R's should get out ahead of the curve and counterpropose that it be extended through to the end of the year.
Title: Re: Senate reaches unemployment deal
Post by: Right_in_Virginia on March 14, 2014, 01:42:13 pm
so the 'R's should get out ahead of the curve and counterpropose that it be extended through to the end of the year.

Agree.  That would be the politically smart move.  Anyone think they'll actually do it?   :whistle:
Title: Re: Senate reaches unemployment deal
Post by: Fishrrman on March 15, 2014, 02:35:57 am
Sometime in the future there won't be "welfare" any more.

Everyone will just be collectin' their "unemployment benefits".

Unemployed forever.
With "unemployment" benefits -- forever.
Title: Re: Senate reaches unemployment deal
Post by: Oceander on March 15, 2014, 02:37:30 am
Agree.  That would be the politically smart move.  Anyone think they'll actually do it?   :whistle:

No.  It was all just a rose-colored fantasy, I'm afraid.