Today’s Unemployment Benefit Extension News and Update today March 20, 2014:
Many Americans look forward to the close of this week and a swift and efficient vote on the long term unemployment benefit proposal next week. The Senate is currently out on a one week recess, but is expected to promptly review a plan to extend long term unemployment benefits once the Senate lawmakers return on the 24th. The new unemployment benefit extension plan would reinstate long term unemployment benefits for an additional five months. The benefits are expected to be retroactive which could extend back to December 28, 2013, the date on which an initial 1.3 million Americans lost long term EUC.
After the Senate vote, the House would have to approve the legislation through a majority vote as well. The House vote is expected to be a more challenged process. This is not good news for those who have been waiting for months now on the extended unemployment plan approval.
Now word has spread that if the bill were to pass into law, implementing would be very difficult. According to the National Association of State Workforce Agencies, retroactive legislation would be difficult to implement and various states have relayed that implementing retroactive unemployment benefits could take several months. Knowing this, Speaker John Boehner believes the bill is unworkable. He also relayed that the bill would fail to meet his requirements that the legislation be fiscally responsible and create more jobs. Given this news, the upcoming Senate vote might be a short lived celebration for those waiting on long term unemployment compensation.