David Espo of the Association Press says that the part of President Obama’s jobs bill that includes another extension of federal unemployment benefits is likely to pass the U.S. House while other parts will be shot down.
Posts Tagged jobs bill
If anyone thought President Obama’s jobs bill was going to slide through the Senate before hitting trouble in the House, they were wrong. The Senate Tuesday couldn’t get enough support even for a debate.
Late Thursday afternoon, President Obama signed into law a bill granting workers out of a job for more than 26 weeks additional unemployment insurance payments, paid for by the federal government. The benefits had been in place since November 2009, but had lapsed for seven weeks — an unprecedented hiatus, given the 9.5 percent unemployment rate. The bill, held up in the Senate by Republicans concerned about the deficit, makes benefits retroactive to June 2 and forward to Nov. 30. In states with higher than 8 percent unemployment, workers will continue to receive up to 99 weeks of benefits.
Today, Sen. Debbie Stabenow (D-Mich.) plans to introduce a standalone bill to continue federally extended unemployment insurance benefits. The major federal jobs bill, also known as H.R. 4213, included the unemployment extension along with a number of other…
WASHINGTON– Sen. Jim Bunning’s (R-Ky.) recent one-man stand against legislation extending unemployment benefits offered a high-profile airing of a popular GOP message: Deficit spending, in almost any form, will cause more harm than good to a fragile economy. Standing in the way of the Republicans’ reasoning, however, has been another formidable group: budget experts.
Young energetically anti-big government PPC blogger Ari Armstrong, like many Coloradans,…
WASHINGTON– To hear Republicans in Congress tell it, the Grand Old Party is pretty much united against the deficit-spending approach to economic recovery. Don’t tell that to local GOP officials.
Faced with the most severe budget crises in decades, state and local policymakers from across the country — including a growing list of prominent Republicans — have been only too happy to accept the additional federal funding that accompanied last year’s $787 billion stimulus bill. Not only did that money prop up job markets, many say, but it kept social-service programs running strong during a period of greatest need. They don’t see stimulus spending as indebting the future. They see it as an investment in the future.
Here’s a profound idea from California GOP Gov. Arnold Schwarzenegger, who went after congressional Republicans yesterday for criticizing the Democrats’ stimulus bill one moment, then taking credit for the money the legislation is providing their districts the next.