Posted on 01/07/2014 9:52:37 AM PST by yoe
With the Emergency Unemployment Compensation (EUC) program facing a bleak future in the Democratic-controlled Senate, President Obama is taking the lead in pressuring Congress to temporarily restore benefits for the 1.3 million long-term unemployed Americans who were cut off when the program (Long-term unemployed face life without emergency benefits) on Dec. 28.
Mr. Obama will continue a public show of support for an extension in a speech Tuesday, where he will be accompanied by Americans who have lost their benefits. In addition those who have already been dropped from the program, 1.9 million Americans will lose benefits in the next six months if Congress doesnt act.
[snip]...Mr. Obama increased the frequency of his request for a fix, and made it the topic of his first weekly address of 2014.
(Excerpt) Read more at cbsnews.com ...
Correct way is to get the gov’t and the employer out of the mix.
Setup Unemployment Savings Accounts (like they used to have, or at least like I *USED* to have, Health Savings Accounts):
- Pre-tax
- Self owned
- Moves with, from job to job
- Ding ‘em for ‘use’ if employed during the year
Course, that would take power and influence away from D.C. so I know it’ll never happen.
Otherwise, I agree with you; they’ve (gov’t) has distorted what INSURANCE means (SSI, Unemploy, etc.)
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