Unemployment Benefit Extension Update March 4, 2014: Emergency Unemployment Compensation EUC and Senate Vote
Posted on | March 4, 2014 | 207 Comments
Unemployment Benefit Extension news update today March 4, 2014:
Millions of Americans are still unemployed and more are exhausting their long term unemployment benefits every week that passes without an extension. The President promised to support America’s unemployed, but right now, his primary attention is overseas. Russia recently warned of a military storm in Ukraine. An ultimatum was issued with Russian telling Ukranian forces to clear the Crimea or face a military response. With policy leaders and the President focused on overseas volatility, the chances of a short term push for a long term unemployment benefit extension have diminished. The stark reality of the situation is that long term emergency unemployment compensation is till in doubt.
Despite the growing doubt and uncertainty, the Senate is expected to review the possibility of another long term unemployment benefit extension this week. Hopes though, that an extension measure will pass, are not as high this time considering the fact that extension plans have been filibustered twice already by Senate Republicans in 2014.
Given the attempts already, tensions are high. Senate Majority Leader Harry Reid (D-Nev) has reported that he has been in progressive talks with multiple Senate Republicans regarding a possible plan to pass a retroactive measure that would provide a six month unemployment benefit extension. This could be very good news considering the last measure to pass unemployment fell short by just one vote. One more vote may be all that is needed this time around to pass an EUC measure through the Senate. Almost two million Americans without long term emergency compensation are counting on it.