Today’s Long Term Unemployment Benefit Extension Deal Update April 8, 2014:
The deal to extend long term unemployment benefits continued through the Senate yesterday. Its passage is well received, but its future path remains uncertain.
Over 2 million Americans are categorized as unemployed and without long term unemployment benefits. Many exhausted their long term unemployment benefits back on December 28, 2013 and have been struggling to find work without the support of a federal lifeline. The process to extend emergency compensation to these Americans has been a long and arduous process. It is expected to be even more difficult in the short term. Many House lawmakers have been vocal regarding their disdain for the deal.
John Boehner has been at the forefront and one of the more publicly recognized “speakers” on the topic recently. He has reiterated that the deal is not one that will promote job creation in the U.S. He, and many other House Republicans, feel that job creation policy should supersede legislation aimed at extending benefits to the long term unemployed. They feel that an extension of benefits does not get to the root of the problem and, in fact, could make the problem worse. The current deal to extend unemployment benefits to the long term unemployed is designed to be retroactive, but many feel that the retroactive action could be administratively difficult causing significant delays and incurring large administrative costs. For these reasons and more, the deal to extend unemployment benefits to the long term unemployed in America sits on unstable ground.