House Nixes Jobless Benefits Extension

The House failed to pass a three-month extension of federal unemployment-insurance benefits, leaving up to 4 million Americans at risk of losing their benefits when they expire at the end of the month. Because the bill was fast-tracked to the floor, it required a 2/3 majority to pass. With 258 members in favor and 154 opposed, the vote fell short of the 275 required for passage. Twenty-one Republicans supported the bill, along with all but 11 Democrats. “Terminating this emergency unemployment assistance will not only devastate families, but it also will hurt the entire economy by depressing consumer confidence and demand,” Rep. Sander Levin, the Michigan Democrat who co-sponsored the measure, said in a statement. Politico explains:

Congress has moved to extend the program four times this year — despite growing Republican opposition and procedural tactics.
House Democrats placed the measure on the suspension calendar at the last-minute as they sought to move as much legislation as possible through the chamber before it turns over to Republican control in early January. Had they placed the bill on the regular calendar, it likely would have cleared easily.

Opponents think the $12.5 billion required to extend the benefits through the end of February is too high a price to pay when the sum isn’t offset by cuts elsewhere. (By contrast, preserving the Bush-era tax cuts for the top 2% of earners would cost $700 billion over the next 10 years.) According to the Congressional Budget Office, in 2009 unemployment insurance prevented the poverty rate — assessed as 14% last year — from rising an additional point.

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  • http://phd9.blogspot.com Paul Dirks

    People with no income whatsoever equals people willing to work cheap. Its just good business………..

    What? There are still no jobs? I guess that’s tough luck.

  • http://phd9.blogspot.com Paul Dirks

    But keep your filthy stinking hands of my 250K / year!

  • http://phd9.blogspot.com Paul Dirks

    off

  • kbanginmotown

    I hear you, Paul. I’ve got QWERTY stamped across my forehead as well…

  • formerlyjames

    I’m no arithmetic genius…let’s see…$12.5 billion for money to be immediately pumped into the economy…vs. $700 billion which will sit idle or be handed over to Wall St. Mansions and Yachts. What to do? What to do? The real horror is that the TPers haven’t arrived yet. OMG.

  • liberalmeltdown

    Must mean that the election is over and the sore losers are sending a message.
    .
    Who says Democrats don’t want to make serfs out of the population. People dependent on government are much easier to control.

  • http://2thirdsrocks.wordpress.com 2thirdsrocks

    “People dependant on government are much easier to control”
    .
    You nailed it!

  • apr2563

    Ping>Pong
    That is the level of your discourse. Give us some facts please.

  • http://phd9.blogspot.com Paul Dirks

    What a coincidence. People who are dependent on corporations are easier to control too…..

  • Paul-no not that one

    “Congress has moved to extend the program four times this year — despite growing Republican opposition and procedural tactics.”
    .
    The paragraph continues…
    .
    “Had they placed the bill on the regular calendar, it likely would have cleared easily.”
    .
    Gotta love Drudgico.

  • freeinpa

    “I’m no arithmetic genius…let’s see…$12.5 billion for money to be immediately pumped into the economy…vs. $700 billion which will sit idle or be handed over to Wall St. Mansions and Yachts”
    .
    Not an economic genius either! Handed over. Last I checked and one tiny fact the left keeps avoiding –ITS NOT THE GOVERNMENTS MONEY!!
    .
    Oh and one other misguided statement: In that top bracket there are probably as many athletes, actors, producers and musicians in that top 2% as Wall St folks. Of course unless you think Oprah runs a hedge fund and Derek Jeter and LeBromn are merger specialists. But then why ruin a good meme with reality

  • square1

    Hmmm. I wonder if America realizes what it voted for in the midterms. If only the Dems could have gotten a floor vote before the election….

  • square1

    You nailed it, PD!

  • freeinpa

    “I wonder if America realizes what it voted for in the midterms.”
    .
    No they were just stupid people being misled by some sharp tongued …..no wait that was the 2008 Presidential election.

  • pintortwo

    Opponents think the $12.5 billion required to extend the benefits through the end of February is too high a price to pay when the sum isn’t offset by cuts elsewhere.
    .
    According to wiki US Defense Spending, there are currently 15 individual weapons programs in production that cost in excess of $1.5 billion each…

  • formerlyjames

    free, it becomes the government’s money when it is tax revenue. All of it. And where you got the idea that I would exclude the megabucks of celebrities like the sports jocks and Oprah, I have no idea. Didn’t come from me. Being a part of the less than $250,000 proletariat, I don’t have to worry about tax increases as long as the centrists are in charge. It can only get worse under the TP/Republican right wing.

  • shepherdwong

    And please stop stating as fact what you cannot possibly know. You only know what they tell you is the reason for their vote (and we do know for a fact that “conservatives” lie about their motives all the time, e.g., “[W]e’re against deficits!”). We also know that Republicans are keeping the economy in the ditch to advance their political interests and the economic interests of their paymasters. It’s never wise to take traitors at their word.

  • stuartzechman

    Had [House Democrats] placed the bill on the regular calendar, it likely would have cleared easily.
    .
    You know, I don’t believe that Democrats and their staffs are always ideologically committed to the ruinous policies they’ve forced on the country over the past few years.
    .
    Sometimes they are just f*cking morons who deserve to lose.

  • apr2563

    Question:
    Homeless man and Wall Street billionaire find $33OO and laptop. Which one would return the money and laptop?
    .
    http://ktar.com/category/local-news-articles/20101117/Homeless-man-returns-$3,300-in-cash/

  • Paul-no not that one

    Read the beginning of the paragraph and factor in the source.
    .
    It was never going to pass, much less “easily” whatever the f that means.

  • abdullah69

    Oh freepee you are so dumb. Does any of this money have your face on it? Of course it is the government’s money. You just get to use it for a while.

  • http://phd9.blogspot.com Paul Dirks

    Freep is unaware that his ‘natural right’ to property actually relies almost entirely on the existence of a stable government. If someone steals from him, he can call a cop; when someone doesn’t pay him for his services, he can call a judge; If someone wants to invade his land, he can call the Marines.
    .
    He may insist that its HIS money and he shouldn’t have to pay taxes. But that just makes him a freeloader.

  • doddeb

    And, apparently the among the 11 Democratic morons who voted against the extension, only 3 will be back in January (fing deservedly so)
    .
    According to David Dayen of firedoglake.com:
    .
    “I was right, it was 21 Republicans voting yes and 11 Democrats voting no. Here are those Democrats:
    Berry, Boyd, Bright, Cooper, Lincoln Davis, Hill, Minnick, Nye, Peterson, Shuler, Taylor
    Only three of them will be in Congress next year, including Minority Leader candidate Heath Shuler. Who voted against a three-month extension of unemployment benefits. After he voted yesterday for the robo-signers bailout.”
    .
    http://news.firedoglake.com/2010/11/18/unemployment-insurance-bill-fails-in-house-needed-23-vote-under-suspension/

  • Alex Vallas

    Let me see. Members of Congress who were voted out will have guaranteed income and healthcare for life. Persons who were laid off, through NO fault of their own will be punished. For some, it will mean loss of their home, healthcare, and waiting in food lines. Their children will suffer tremendously. Hello America!
    The country is in trouble and we need to take drastic measures.
    First, let’s remove our troops from Afghanistan. The country (if you can call it that) is led by corrupt two faced individuals. In actuality, it is not a country at all. There is no central government with authority. The area is ruled by Tribal and Drug Lords. We entered Afghanistan to rid the area of al-Queda. They are no longer there but in Pakistan, Yemen, Ethiopia, and to a lesser degree other countries in the Middle East and Europe with some right here in the US. The Taliban are not a threat to the US. While they are a brutal bunch of asses, we aren’t going to change their culture.
    Remove our troops from South Korea (they refuse to have a trade agreement with us). They are becoming one of the wealthiest countries in the world. Let them fend for themselves.
    Why in hell do we have troops in Europe? Let those countries establish their own security.
    Carefully review and take action on the recommendations made by the Presiden’t advisory committe to reduce expenses. Some are harsh but we need harsh action to survive. If the cuts involve Social Security, Medicare, Medicaid, and our Military so be it. On the latter, we can reduce cost without harming the country’s safety. Stop building planes, ships and other weapons that are not designed for today’s hostilities. We have to face reality. We got into a huge mess and we are the only ones who can get out of it.

  • freeinpa

    “Oh freepee you are so dumb. Does any of this money have your face on it?”
    .
    Speaking of dumb it has Washington Lincoln and Grant among others. Should we bury it with them.
    ..
    “If someone steals from him”
    .
    Who does one call when its the government stealing? I love liberals who think 15% profit margins for companies is greed and outrageous but a governmetn confiscating 39% or more is “fairness”

    Let the delusion continue

  • freeinpa

    Hey Paul since you pretend to be the absolute arbiter on the Constitution see if you can help Mr. Madison.

    “I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents.” –James Madison

  • newfreedomblog

    Yesterday I went to the grocery store. In line to check out I saw two lovely ladies, one with bright pink hair, the other with bleached out hair with blue streaks.
    .
    As I was patiently waiting, pink ran back to get a lemon she had apparently forgotten, and brought it back to the checkout.
    .
    All the while I noticed blue streak had an Access card in hand ready to swipe to pay for their groceries. An Access card in Pennsylvania has replaced the old paper food stamps. I have often wondered how much easier, and easier to avoid the looks when you can swipe a card versus pull out your binder full of food stamps it is now-a-days, but I digress.
    .
    Quick fast and out the door, the colorful ladies went. I only had 3 items so my cash transaction took moments. But, I looked around to see the two ladies with their shopping cart almost over-flowing. I noticed a nearly brand new car with a “Caution Mail Delivery” sign on the side of the car.
    .
    Perhaps what will pull this country out of the ditch is when people no longer feel that this country OWES them something, and begins to believe as I remember growing up and now as an adult, we are responsible for ourselves.
    .
    Now I am all for helping out someone that has hit a wall. Who may have children hungry at home. To give an hand up, not a hand out. But, I also wonder when you are simply handed something with few to no strings attached to it how responsible you are with the handout. But, these are not remedies for a lifetime of assistance. These are temporary handouts until a person gets back on their feet. Perhaps it is two jobs, not one. I distinctly remember two other “recessions”, and I also remember having to work 2 full time jobs in order keep my family out of the poor house.
    .
    A good lesson for people in this country is about to occur. Our government has run out of other people’s money. We can no longer afford the social justice programs the left so loves to spread around. It is gone. People like pink and blue streak are going to find out how hard life really is, I just wonder if they will make it.

  • np042

    It’s ok Rusty, you go right ahead and judge. Cast not the first stone and whatnot.

  • bobcn1

    Taking money from the poor = fiscal prudence
    Taking money from the rich = class warfare

  • shepherdwong

    Who does one call when its the government stealing? I love liberals who think 15% profit margins for companies is greed and outrageous but a governmetn confiscating 39% or more is “fairness”
    .
    Let the delusion continue

    .
    I’ll say:

    HOUSTON — As you work on your taxes this month, here’s something to raise your hackles: Some of the world’s biggest, most profitable corporations enjoy a far lower tax rate than you do–that is, if they pay taxes at all.
    .
    The most egregious example is General Electric ( GE – news – people ). Last year the conglomerate generated $10.3 billion in pretax income, but ended up owing nothing to Uncle Sam. In fact, it recorded a tax benefit of $1.1 billion.

    What a f@cking moron.
    .
    http://www.forbes.com/2010/04/01/ge-exxon-walmart-business-washington-corporate-taxes.html

  • shepherdwong

    I have often wondered how much easier, and easier to avoid the looks when you can swipe a card versus pull out your binder full of food stamps…
    .
    I’m sure that poor people can eventually learn to be properly ashamed of being poor, if only they learn how much “conservatives” despise them.

  • Art Pepper

    So to be clear: The current jobless rate in this country is caused by the laziness of poor people?

  • samwilsun

    To be fair, I think it makes sense to consider the cost of unemployment extensions versus tax cuts over the same time frame. So a 10 year extension of unemployment ends up costing something like $500 billion, versus $700 billion for the high-bracket tax cut. Whether it is realistic to make 10 year cost estimates about this type of outcome-sensitive policy is moot and applies to both numbers.

    People who disagree on the ethics (“help someone in need, society should be fair” versus “tax is theft, collectivism corrodes values”) of these competing ideas are probably very unlikely to change their minds. But the question of which policy is better for the economy is probably more fruitful as a topic of debate where minds have not fully been made up. My guess is that whichever party can convince Americans that it has the answer to the growth question will eventually control this debate.

    On the other hand it really doesn’t bode well for the country that there aren’t more politicians saying “do both” or “do neither”. More mature governments recognize that overall flows of capital in or out of the government are usually more important for the short-to-medium term economic equation than precisely how that money is acquired and spent, and that debt and inflation can undermine a country’s future with or without growth.

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