Unemployment Benefit Extension News review and note update today March 26, 2014:
Despite the fact that a contingent of Democrats and Republicans worked collaboratively to come up with an unemployment benefit deal two weeks ago, and despite the fact that Senate majority leader Harry Reid said that the vote to extend unemployment benefits to the long term unemployed would be a top priority this week, Senate lawmakers have not yet voted on the deal. The bipartisan deal would extend long term unemployment benefits to America’s long term unemployed for another 5 months. The deal would be retroactive which would compensate some unemployed Americans back to when benefits first expired in late December 2013. This aspect has been criticized heavily over the last week while Senate lawmakers were out on recess. Now that they have returned, over 2 million Americans are waiting anxiously for the vote to proceed. It is mid-week and the longer the vote takes to transpire, the more many will begin to assume the worst. Given passage through the Senate, the bill would have a difficult road to traverse through the House. House Speaker John Boehner has openly criticized the bill and believes that it is “unworkable” and should be dropped from consideration. Boehner does not believe that the legislation would create new jobs which is one stipulation that he feels is necessary in order to extend a positive vote. Boehner has also reported that the retroactive payments that would be initiated by this bill would be too complex for the current federal computer systems. Millions currently hope that lawmakers in the Senate feel differently. Millions hope for the Senate vote to take place as soon as possible. Hope however, has been a wavering commodity when it comes to restoration of unemployment benefits in 2014.