Senate Reaches Deal on Jobless Benefits Extension

[steve2470]

http://www.nbcnews.com/storyline/unemployment-benefits-extension/senate-reaches-deal-jobless-benefits-extension-n52186

Senate negotiators have reached a bipartisan deal on a measure to extend expired long-term unemployment insurance benefits to more than two million Americans.

The deal between a group of ten senators would extend the jobless aid for five months and allow retroactive payments to beneficiaries going back to December 28 of last year.

"We’re not at the finish line yet, but this is a bipartisan breakthrough," said lead negotiator Sen. Jack Reed, D-RI, in a statement.

Sen. Susan Collins, R-Maine, said "there is a deal with enough Republican support" and indicated that the aid would be "paid for," critical to attracting sufficient GOP support for passage

[djean111]

1. Waiting to see how it is "paid for". Too bad it is not a war.......

maybe they could call it the war on unemployment starvation.

[Tx4obama]

2. Here ya go...

-snip-

The proposal would be paid for by extending some customs fees and changing how some companies set aside money for pensions, in effect increasing their taxes.

-snip-

http://www.huffingtonpost.com/2014/03/13/senate-unemployment-compromise_n_4959258.html

Also additional article here: http://hosted.ap.org/dynamic/stories/U/US_CONGRESS_UNEMPLOYMENT?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2014-03-13-16-56-34

[djean111]

3. Thank you!!!!