Senate Standoff on Unemployment Inches Toward Resolution
Four Republicans, including Scott Brown of Massachusetts, broke ranks Monday to help Democrats move an extension of unemployment benefits forward. The Dow may be over 11,000 again, but real unemployment is hovering around 17 percent, close to an all-time high.
Four Republicans, including Scott Brown of Massachusetts, broke ranks Monday to help Democrats move an extension of unemployment benefits forward. The Dow may be over 11,000 again, but real unemployment is hovering around 17 percent, close to an all-time high.
(Real unemployment refers to people who are unemployed or underemployed or who have given up looking for work.)
Sources: New York Times, Google Finance, Bureau of Labor Statistics
Your support matters…New York Times:
The Senate on Monday agreed to consider a temporary extension of unemployment benefits after four Republicans joined Democrats in voting to debate the proposal, which has become the focus of an intensifying fight over deficit spending.
Despite objections from conservative Republicans, the Senate voted 60 to 34 to move ahead with a measure that would keep checks flowing to jobless Americans who are exhausting their benefits and maintain federal subsidies for health insurance for the unemployed. The measure must clear other procedural hurdles, but Democrats hope to win its approval this week.
Independent journalism is under threat and overshadowed by heavily funded mainstream media.
You can help level the playing field. Become a member.
Your tax-deductible contribution keeps us digging beneath the headlines to give you thought-provoking, investigative reporting and analysis that unearths what's really happening- without compromise.
Give today to support our courageous, independent journalists.
Workers, Social Security and government make up Trump's trifecta as he undermines labor protections and institutions.
Without workers’ compensation, health insurance and unemployment insurance, independent contractors are more vulnerable than workers classified as employees. But in some instances, benefits that have been denied can be recovered.
Austerity cuts and “neoliberal thinking” among policymakers are having a “profoundly disturbing” effect on Britons' psychological and emotional well-being, say hundreds of counselors, psychotherapists and academics in a letter to The Guardian.
Rep. Cathy McMorris Rodgers in giving her response to President Obama’s State of the Union message exemplified everything wrong with today’s Republican Party.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.