Over two million people will stop receiving jobless benefits immediately if Congress doesn't make a #fiscalcliff deal!!!

:ussgolfcourse:

WASHINGTON (KGO) -- Millions of unemployed Americans have another reason to worry about "fiscal cliff" budget talks that seek to avoid looming tax increases and dire spending cuts come January.

About 2.1 million people will stop receiving jobless benefits immediately if Congress doesn't reauthorize federal unemployment insurance programs by year's end. Another 1 million will lose benefits over the first three months of 2013.

White House officials have assured Democrats that President Barack Obama is committed to extending benefits for another year. Obama has proposed the $30 billion extension as part of ongoing negotiations over cutting federal deficits.

Republicans generally have avoided talking about the issue so far. But many GOP lawmakers have resisted the idea of more jobless aid without additional spending cuts to offset the cost.

President Obama is taking a sharply partisan tone in his weekly address, blaming House Republicans for blocking a bill to resolve the 'fiscal cliff' crisis.

As we move closer to the year-end deadline when deep program cuts and huge tax increases kick in, Congress has still not compromised on whether taxes should be raised on wealthier Americans to help reduce the deficit.

The latest Senate version would prevent a tax hike on the first quarter-million dollars of earnings.

"Even the wealthiest Americans would get a tax cut on the first 250-thousand dollars of their income. And families everywhere would enjoy some peace of mind. The Senate has alread done thier part. And we're just waiting for Republicans in the House to do their part. But so far they've put forward an unbalanced plan that actually lowers rates for the wealthiest Americans," President Obama said.

Republican Florida Senator Marco Rubio says tax increases will not reduce the nation's $16 trillion debt.
[link to abclocal.go.com]

Boy oh boy at the mess Obama left behind.

WASHINGTON (KGO) -- Millions of unemployed Americans have another reason to worry about "fiscal cliff" budget talks that seek to avoid looming tax increases and dire spending cuts come January.

About 2.1 million people will stop receiving jobless benefits immediately if Congress doesn't reauthorize federal unemployment insurance programs by year's end. Another 1 million will lose benefits over the first three months of 2013.

White House officials have assured Democrats that President Barack Obama is committed to extending benefits for another year. Obama has proposed the $30 billion extension as part of ongoing negotiations over cutting federal deficits.

Republicans generally have avoided talking about the issue so far. But many GOP lawmakers have resisted the idea of more jobless aid without additional spending cuts to offset the cost.

President Obama is taking a sharply partisan tone in his weekly address, blaming House Republicans for blocking a bill to resolve the 'fiscal cliff' crisis.

As we move closer to the year-end deadline when deep program cuts and huge tax increases kick in, Congress has still not compromised on whether taxes should be raised on wealthier Americans to help reduce the deficit.

The latest Senate version would prevent a tax hike on the first quarter-million dollars of earnings.

"Even the wealthiest Americans would get a tax cut on the first 250-thousand dollars of their income. And families everywhere would enjoy some peace of mind. The Senate has alread done thier part. And we're just waiting for Republicans in the House to do their part. But so far they've put forward an unbalanced plan that actually lowers rates for the wealthiest Americans," President Obama said.

Republican Florida Senator Marco Rubio says tax increases will not reduce the nation's $16 trillion debt.
[link to abclocal.go.com]

Fixed, don't worry he's not done.

I know.

Bush will haunt this country until God knows when.

White House officials have assured Democrats that President Barack Obama is committed to extending benefits for another year. Obama has proposed the $30 billion extension as part of ongoing negotiations over cutting federal deficits.

ABC7 News‏@abc7newsBayArea

Over two million people will stop receiving jobless benefits immediately if Congress doesn't make a #fiscalcliff deal: [link to abclocal.go.com]

This says a mouthfull...Spend $30 billion as part of a plan to reduce spending.

I think I'll buy a new car as part of a plan to save money.

What will happen to GLP? I get the feeling most of us are unemployed UI collectors.

GOOD.

That will show a HUGE decrease in the next unemployment rate report. After all, the number of people receiving unemployment benefits is what is used to determine it. Unlike the very real percentage of unemployed Americans.

Insanity.

ABC7 News‏@abc7newsBayArea

Over two million people will stop receiving jobless benefits immediately if Congress doesn't make a #fiscalcliff deal: [link to abclocal.go.com]

I would agree with you *IF* everyone on the rolls was a taker/loser, too lazy to work, sitting around on their fat ass eating Cheetoes all day.

Then there are those like I am: about 50, never drew benefits before, worked my entire life, laid off when my work went to INDIA, and only been drawing for 9 months. I'm in school full-time, retraining for something else, and NEED that money to live on.

Not everyone drawing UE is a loser.

When I got laid off from my job, I refused unemployment and worked 2 jobs to make up 40 hours s week.

Now who is the loser?