Jobless Benefits Extension: Senate Group Reaches Bipartisan Agreement

Friday, 14 Mar 2014 02:14 PM

By Clyde Hughes

  Comment  |
   Contact  |
  Print   |
    A   A  
  Copy Shortlink
A bipartisan group of 10 U.S. senators struck a deal to extend jobless insurance benefits for five months, but House Republicans aren't all behind the compromise.

The deal's breakthrough came in paying for the extensions, which would be retroactive from when they expired for the long-term unemployed in December, something Republicans wanted. The funds will come from changes to single-employer pension plans and extending fees on U.S. customs users through 2024.

Urgent: Do You Approve Or Disapprove of President Obama's Job Performance? Vote Now in Urgent Poll

But influential House Republicans like U.S. Rep. Jim Jordan feel the discussion on unemployment extensions takes time away from efforts to improve the economy.

"I haven't seen [the bill], but no," Jordan told Time. "We need to be focused on policies that create jobs, not focusing on extending unemployment [insurance] forever."

U.S. Rep. Tom Price pointed to improved unemployment numbers and wondered if the debate was really necessary.

"The extended unemployment benefits by the Administration were to be in place until unemployment came down," Price told Time. "Unemployment is down."

Under the bill, the overall unemployment insurance program would see reforms requiring state and federal agencies to get more involved to determine why an individual remains unemployed and make assessments to that person.

The deal also includes an earlier provision encouraged by Sens. Tom Coburn and Jon Tester that would prevent individuals with a gross adjusted income of $1 million or more from receiving the benefits, according to the National Journal.

The proposal has eight co-sponsors: Collins (R-Maine), Rob Portman (R-Ohio), Lisa Murkowski (R-Ark), and Mark Kirk (R-Ill.), and Jeff Merkley (D-Ore.), Cory Booker (D-N.J.), Sherrod Brown (D-Ohio), and Dick Durbin (D-Ill).

House Speaker John Boehner has said in the past he would not entertain an unemployment extension compromise on the floor unless it was paid for and also includes a job-creation provision.

The legislation could help as many as 1.3 million people who lost the extended 73-week benefits Dec. 28 when Congress failed to renew the extension that stretched unemployment insurance from the normal 26 weeks.

Editor's Note: Do You Support Obamacare? Vote in Urgent National Poll

Related Stories:

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact  |
  Print   |
  Copy Shortlink
[Error loading the WebPart '']
Value cannot be null. Parameter name: virtualPath
Send me more news as it happens.
Get me on The Wire
Send me more news as it happens.
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

Princess Madeleine Pregnant: Swedish Royal Expecting Second Child

Monday, 22 Dec 2014 17:09 PM

Sweden's Princess Madeleine is pregnant, expecting her second baby with husband Christopher O'Neill just 10 months after . . .

6 Die in Glasgow Road Accident When Truck Plows Into Pedestrians

Monday, 22 Dec 2014 17:00 PM

Six people died on a Glasgow road Monday when a garbage truck crashed into a group of pedestrians, police said. Several  . . .

58: Zoo Gorilla Colo, Oldest in Captivity, Celebrates Her Birthday

Monday, 22 Dec 2014 16:41 PM

Colo, the first gorilla ever born in a zoo, turned 58 Monday at the Columbus Zoo & Aquarium, celebrating with a cake sha . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved