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Unemployment Extension Update

Unemployment Extension Update - The latest twist in the saga over extending unemployment benefits, illustrates Democratic displeasure with the bill. The current proposal aim to extend Bush-era tax rates and offers an extension of unemployment benefits. Both are seen as key legislative victories for each party.

Unemployment Benefits Extension 2010: Tier 5 Extension Will not Help 99ers - The unemployment benefit extension for level 5 that will involve the 99ers is the talk of the town today in the internet. Apparently, Vice President Joe Biden has recently talked with the House Republicans and Democrats to keen with a deal that will allow the Congress to pass another year of unemployment benefits in exchange of a 2-year tax cut for big enterprises and high earning individuals.

Unemployment Extension Update

Republicans are saying that Democrats fail to get genuine solutions to the issue of unemployment extension and Tier 5, while Democrats says that Republicans are blocking these solutions. The fact is that almost all of these politicians are paid heavily, earned a lot and care less about what ordinary people actually feel or experience in their everyday lives. It could have been easier if Democrats did win majority of Congress last mid-term elections but corporate power and the rich would not allow them to just give unemployment extension benefits to unemployed.
President Obama’s administration continues to try to drum up support for the framework agreement it announced earlier this week that includes an extension of federal unemployment benefits and an across-the-board extension of Bush-era tax cuts for two years.

Unemployment Extension Update


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