Posted on 02/19/2010 12:03:11 PM PST by Red in Blue PA
NEW YORK (CNNMoney.com) -- More than 1 million people could lose their jobless benefits and health insurance subsidy in March if Congress doesn't act fast.
When it returns from the President's Day recess on Monday, the Senate will have one week to extend the deadlines to apply for federal unemployment benefits and the COBRA health insurance subsidy. Currently, the jobless have until Feb. 28 to sign up.
Without an extension, people receiving state jobless benefits won't be able to apply for additional federally paid unemployment insurance, and anyone already receiving those checks could be cut off.
Justin Julian is one the 1 million people who are desperate for Congress to take action next week. If they don't, he and his wife won't have a place to live.
The Lewisville, Texas, resident lost his software position in August and will miss the deadline to apply for additional federal benefits by only a few days. He currently receives $1,600 a month in unemployment benefits, which he uses to cover rent, car payments and the electricity bill. He must borrow money from friends and family to pay for food.
"Without the unemployment insurance, we can't pay any of our bills," said Julian, 39, whose wife is disabled. "It's kind of doomsday for us. We'll wind up sleeping on friends' couches."
(Excerpt) Read more at money.cnn.com ...
Hope to find some Change under the cushions.
Whew, we won’t have to include them in the counts! See, the economy is recovering!
Society will get really interesting then!
This is what happens when your government thinks that “jobless recoveries” rock! I wonder if this is more or less than “expected.”
Quick poll: How many think Congress has been concerned with the citizens who are about to lose their benefits and become destitute?
That is how they will spin it. American people are stupid and that is why they have a Kenyan as president.
Good! They then go from U-3 to U-6 and drop off the jobless radar.
The 0ne can clame that there are 1,000,000 fewer jobless.
Some FReepers can rejoice that 1,000,000 lazy bums will now have enough incentive to find a job.
Last time I looked on Craig’s List, most of Texas has jobs that pay over $1600 a month, doing many things. Can’t find your old job? Try something new.
To the guy mentioned in the article: GET A FRICKIN JOB AND STFU.
I think the U3 and U6 unemployment numbers put out by the BLS is based on a phone survey and not on if you are receiving an unemployment check.
1) "The Government" is the power to compel. When the government is involved, we're not "asking", we're "telling."
2) The money the government spends was first taken from you, your family and your neighbors. It is not money voluntarily donated, but TAKEN from us. Taxation is not voluntary.
Put those facts together to understand what you're really asking: "All of you Americans who still have jobs, I want other people to forcibly take more of your money and saddle your children and grandchildren with a bigger burden of debt, and give the money to me so I can continue to live without too much inconvenience and stress."
*crickets*
I just started collecting in October. That means I got laid off in the worst part of the recession and yet may collect 26 weeks when many have 99.
/Shaking my head
Goody, a drop in “unemployment.”
Nonsense.
Even when I had a job, extension of UC as the ONLY thing I was for in the Stimulus bill. The cost is far less than the Wall Street bailouts, and the people receiving them have done nothing to deserve the position they are in, while those on Wall Street were incompetent and corrupt and still got their bailouts.
Additionally, PA is one of only 3 states where the employee actually has a deduction in his paycheck for UC. You paint this as welfare whn that is not the case....not even close.
GMTA! That was my very first thought. The Administration will like this because the U3 number will look MUCH better.
Yes, it will be that many less people “unemployed”!!
Once the payouts exceed the receipts, then it's welfare. When it's only more of the money extracted from US taxpayers that can keep the system afloat, it's welfare.
The fact that it wasn't supposed to get this bad, and that unemployment insurance should cover people like this doesn't change the facts of what this is, now.
Your slam of corporate welfare is true, but beside the point. The existence of bigger scams doesn't change the nature of the smaller ones.
Well one thing about UC is that, that money does go directly and quickly back into the economy. The people receiving the benefits are spending it right away on necessities. This is not the case with many or most of the simulus funds.
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