Skip to comments.Democrats want jobless benefits in “cliff” deal
Posted on 12/08/2012 11:15:44 AM PST by Olog-hai
Hovering in the background of the fiscal cliff debate is the prospect of 2 million people losing their unemployment benefits four days after Christmas.
This is the real cliff, said Sen. Jack Reed, D-R.I. He's been leading the effort to include another extension of benefits for the long-term unemployed in any deal to avert looming tax increases and massive spending cuts in January. Many of these people are struggling to pay mortgages, to provide education for their children, Reed said this past week as President Barack Obama and House Speaker John Boehner, R-Ohio, rejected each others opening offers for a deficit deal.
Emergency jobless benefits for about 2.1 million people out of work more than six months will cease Dec. 29, and 1 million more will lose them over the next three months if Congress doesnt extend the assistance again. Since the collapse of the economy in 2008, the government has poured $520 billionan amount equal to about half its annual deficit in recent yearsinto unemployment benefit extensions.
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Obama definitely wants to kill the private sector. I too am a little surprised that nobody - on either side - is pointing this out.
If we had an honest press, it would be headline news.
If we had an honest press, it would be headline news.
If the benefits are eliminated won’t the unemployment rate drop even further?
There is, however, an anti-responsibility aspect. If you saved to be able to get through a bad time, like getting laid off, or for retirement, then you can’t get the food stamps. If you lived foolishly and have no savings, then you can get the food stamps. All the incentives point one toward maximum dependency.
They do look at bank accounts, but it wouldn’t be hard to fool the system because they’re counting on you to be honest and show them all accounts, not just one that is handling pin money.
If we had an honest Press the Headline would read, “We have an honest Press”.
That is where we are right now. I will be decimating what’s left of my Retirement Savings starting in January. Just turning 59 and a half so I can access my funds without Penalty.
My Wife has been out of work for seven months. Her Unemployment ends December 31st. My hours have been reduced because the Company I work for as a 1099 Contract Employee is barely making it.
Looks like we’ll be selling the House. With two incomes we were doing OK. You live to what you make and now that equation is changing. We have a $1350 COBRA payment due every month because my Wife had Health Insurance through her old Job. If she found a new job with Benefits even with a lower Salary than before, we could pull it off.
I always planned ahead, but I never planned on having a Communist in the White House for eight years in a row.
I had hoped Lord Obama would be dethroned and things would get better, but 64 Million Useful Idiots thought otherwise.
2013 be an interesting year, no doubt about it.
>If we had an honest Press the Headline would read, We have an honest Press<
Oops, it should read: If we had an honest Press the Headline would read, We have a DISHONEST Press.
Yes, however, all bank accounts are reported to the IRS and, by extension, using IL as an example, to the Illinois Dept. Of Revenue. I’d think that the IL Dept. of Human Services can check with IDOR about, at least, previous years’ interest income, which would then give them a pretty good idea about one’s account(s) levels or other such resources.
Granted that I do not know how often IL-DHS or similar agencies in other states actually do check. But on the other hand, I was brought up to be honest...
Oh, man, I truly can sympathize! I’m a little younger, and in my case I voluntarily took a pay decrease that with other factors (changes in my employer’s health care plan, for example) nearly halved my take home pay. This was to help the company survive, but eventually we all got laid off anyway. So, double whammy, since the Unemployment Benefits are calculated off of recent income. Worse, if I took a temporary job at, say, something like the level of the Unemployment Benefits, then if I got laid off again, the benefits would go down even further. Since I had some retirement / rainy day savings in a money market account, benefits such as food stamps were unavailable. Worse yet, from an employment standpoint, especially in this “employers market”, the few employers who do have good job openings available take a pretty dim view of applicants whose most recent employment is at MacDonald’s or Wal-Mart, regardless of past history. “There must be something wrong with this guy / gal ...”
Yes, I know, 8 FReepers who are employers will jump up and say they’d respect more the person who would take any work, rather than someone who stayed on the dole. But that’s NOT the general reality out there. Shoot, most employers probably like better the “smart person” who maximizes what they can get out of the system. “They’re smart!”
*The bitter part is that the savings we had came from many sacrifices. I’ve never made a lot of money - being happy with what I did was always more important to me than $$. But at least I had and still have that love of my work. I eventually ended up much as you, doing 1099 work. Not too much security there, and no Unemployment Insurance or other benefits, either, if that work tanks... Fortunately our savings are recovering slowly, though we’ve got to replace a vehicle soon. I’d like to think we can survive a further downturn in the economy, but we might not have much left.
Anyway, I hope your situation somehow turns around. Good Luck, and God Bless!
If this Democrat is so worried about these poor people, why doesn't he denounce the Democrat Party for causing the misery in the first place?