MA BANKRUPTCY ATTORNEY – Unemployment Benefits vote is TOMORROW

July 19, 2010

   By Jared A. Favole    Of DOW JONES NEWSWIRES 

WASHINGTON (Dow Jones)–President Barack Obama on Monday urged Congress to extend unemployment insurance and lambasted Republicans for blocking the legislation three times.

Obama, speaking in the White House Rose Garden, said unemployed Americans are being held hostage by Washington politics and aren’t getting the jobless benefits they need.

“We’ve got a lot of work to do to make sure we’re digging ourselves out of this tough economic hole,” he said.

Obama has pushed Congress to extend federal jobless benefits to help the millions of Americans who are still unemployed. The legislation has been blocked in the Senate several times. Republicans said they support extending unemployment insurance, but are concerned about the deficit. The bill would cost an estimated $33 billion.

“The president knows that Republicans support extending unemployment insurance, and doing it in a fiscally-responsible way by cutting spending elsewhere in the $3 trillion federal budget,” said House Republican Leader John Boehner (R., Ohio) in a statement. He added, “The American people are asking ‘where are the jobs?’ and President Obama continues to offer only disingenuous attacks, not answers.”

Another vote on the legislation is expected for Tuesday, and it’s expected to pass with the arrival of Carte Goodwin, who is taking the Senate seat of the late Sen. Robert Byrd (D-W.Va.).

The legislation would increase an earlier extension of unemployment assistance for the hardest-hit states through November. Democrats estimate that since the extension expired June 2, 1.3 million long-term unemployed Americans have exhausted their benefits.


-By Jared A. Favole, Dow Jones Newswires; 202.862.9256; jared.favole@dowjones.com

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