January 7, 2014 |
WASHINGTON - Legislation to resume long-term unemployment benefits for 1.3 million jobless Americans cleared a key hurdle Tuesday in the Senate, though final passage in the chamber, and ultimately the House, remains difficult. The 60-37 vote, among the first since lawmakers returned Monday, came as six Republicans joined Democrats to advance a bill extending benefits by 90 days. In a White House appearance shortly after the vote, President Obama criticized Republicans who contend that unemployment benefits sap workers' motivation to look for new jobs.
January 7, 2014 |
WASHINGTON -- President Obama on Tuesday urged members of Congress to extend unemployment benefits for Americans who have been out of work for a long time, arguing that those unemployed are “not lazy” but victims of the country's economic crisis. Appearing in the East Room of the White House with more than a dozen unemployed people on risers behind him, Obama took issue with the argument that extending benefits will “somehow hurt the unemployed because it saps their motivation to get a new job.” “That really sells the American people short,” Obama said.
January 7, 2014 |
The frantic image-making by Democrats and Republicans as the 2014 elections loom rippled through the Senate debate Tuesday over whether to extend jobless benefits that expired late last year. For Democrats, who unanimously supported a procedural vote on the benefit extension, the issue offered an opportunity to come to the defense of a middle class still reeling from the economic downturn despite the abundant returns visited upon Wall Street. For Republicans, only six of whom crossed party lines to further the benefit extension, the day brought a renewed effort to tie jobless relief to Obamacare, the issue that they hope will stagger Democrats in the fall.
January 6, 2014 |
WASHINGTON - Senate Majority Leader Harry Reid (D-Nev.) abruptly postponed Monday evening's planned vote on extending unemployment benefits after a Republican complained that proceeding would be unfair because weather-related airline delays had prevented as many as 17 senators from returning to Washington in time for the roll call. Though Sen. John Cornyn (R-Texas) challenged Reid's plan to hold the vote, Democratic leaders thought Republicans were bluffing. Many of the absent senators were Republicans from the South and Midwest.
December 28, 2013 |
Some 1.3 million Americans, including about 222,000 Californians, lost jobless benefits Saturday as the federal program to assist the long-term unemployed expired. Here are six things to know about who is affected and why the benefits went away. Who lost benefits? Anyone who has been collecting unemployment for more than 26 weeks loses benefits, roughly 1.3 million people immediately. Several million more people are expected to hit the limit over the course of the next year; they would lose benefits at that point.
December 27, 2013 |
WAIMANALO, Hawaii -- With unemployment benefits set to expire Saturday for about 1.3 million Americans, President Obama on Friday pressed for Congress to act, calling two senators who have offered legislation that would extend them for three months. The president made the calls from his vacation home on Oahu to Sen. Jack Reed (D-R.I.) and Sen. Dean Heller (R-Nev.), according to White House spokesman Josh Earnest, offering support for their proposal and praising them for “working in a bipartisan fashion” on a problem that he said would adversely affect the nation's economic growth and job creation.
December 27, 2013 |
Some 1.3 million Americans will lose unemployment benefits on Saturday as the federal program to assist the long-term unemployed expires. Here are six things to know about who is affected and why the benefits are going away. Q: Who will lose benefits? Anyone who has been collecting unemployment for more than 26 weeks will lose benefits. Roughly 1.3 million people will be affected immediately. Over the course of 2014, several million more people will hit the 26-week limit and will also lose benefits.
December 12, 2013
Re "How the other half invests," Business, Dec. 8 This article on wine collectors reaping windfalls repeats a typical theme of rising markets - making money faster - but it performs a disservice as well. As in the case of 1957 Chevrolets now bringing six-digit prices on the auction block, the downside of an influx of big money into a field of collecting is that what was a pleasant hobby for many becomes a speculative battleground for the wealthy few. The whiff of high prices at auction has driven up the retail price of very ordinary wines and pushed those bottles into climate-controlled cases.
December 12, 2013 |
WASHINGTON - Reps. Dana Rohrabacher, an Orange County conservative, and Maxine Waters, a Los Angeles liberal, on the same side of an issue? The Ripley's Believe It or Not moment came Thursday in a House vote to pass a budget deal designed to prevent another government shutdown. The vote scrambled the usual alliances within California's congressional delegation, with nine of the state's 53 House members - seven Democrats and two Republicans - voting against the agreement. Democrats who voted no were upset that the budget deal did not extend federal unemployment benefits for an estimated 214,800 Californians whose benefits expire after Christmas.