Senate Passes Unemployment Extension, Home Buyer Tax Break

AJC ^

[traumer]

WASHINGTON -- The U.S. Senate late Wednesday unanimously passed legislation extending unemployment benefits and also significantly expanding a homebuyer tax credit that was championed by Republican U.S. Sen. Johnny Isakson of Georgia.

The Senate voted 98-0 to extend unemployment benefits for the jobless by up to 20 weeks. In states with unemployment rates of 8.5 percent and above -- in Georgia the unemployment rate is 10.1 percent -- the jobless could receive up to 99 weeks of benefits, which average about $300 per week...

[nascarnation]

99 weeks of benefits.
That’s nearly two whole years to go out and campaign for Democrats....

[remaxagnt]

why dont they trying to do something about getting these people jobs. dont they realize all those people will pay no taxes and the states and gov will loose 10 times the amount there paying people on lose tax revenue. what a bunch of idiots

[traumer]

[MIchaelTArchangel]

Someone should ask for an injunction claiming she is interfering with the right to petition Congress.

[The Magical Mischief Tour]

Well the up side to this whole entitlement program, maybe... will be that once the job market does come back, those that want to work will have the pick of the litter when it comes to job openings for the simple fact that DC has created a nation of unemployed lazy couch potatoes, having spent two years paying them, feeding them, and giving them free healthcare.

Maybe...

[dynachrome]

“unanimously’

Tell me again why I should contribute to the RNC?

[EGPWS]

99 weeks of benefits.

Sweet deal.

Who gets the bill?

[org.whodat]

The Rino’s are on the move, digging the hole deeper.

[org.whodat]

I want a pony, where do I send the bill!!!

[JoSixChip]

What happened to equal protection? lots of states with unemployment under 8.5 but over 7.5. We have to pay the bill as will as other states why should we not also get free money from obumber?

[nascarnation]

Who gets the bill?

In normal times, unemployment benefits are funded from a pool that is filled with taxes paid by employers. In a disastrous economy like Baraq has served up, the FedGov loans money to the states after the pool is depleted.

[nascarnation]

dont they realize all those people will pay no taxes

FWIW unemployment benefits above $2400/yr are included in Federal gross wages and also taxed by most states.

[goodnesswins]

My husband is one of those laid off in a high unemployment state....but...we are working HARD against the liberals. Got first ever unemployment check TODAY....it’s SOOOO easy...it’s sick.

[EGPWS]

...the FedGov loans money to the states after the pool is depleted.

So taxpayers pay for it after China approves the loan?

[Bean Counter]

99 weeks of unemployment huh...??

Think of how many “jobs” that will “save”...

The question is, is $300 a week enough in the ‘Hood in Detoilet??

Is 99 weeks enough “Reparations via Unemployment”...??

[EGPWS]

My husband is one of those laid off in a high unemployment state....but...we are working HARD against the liberals. Got first ever unemployment check TODAY....it’s SOOOO easy...it’s sick.

I have too much pride, I left my home I bought new 19 years ago in Minnesota and took a job in Oklahoma and am paying 2 monthly payments for abode.

I'm a true conservative at heart.

Earn it or don't spend it without just compensation to the giver.

[nascarnation]

LMAO, true you are!

[EGPWS]

Think of how many “jobs” that will “save”...

Bingo!

It WILL be considered as such and conveyed as productive.

[JoSixChip]

Sorry to hear about your husband. I was layed off in January, my wife a week later. If you include the COBRA subsidy in the stimulus package we've been getting over 5k a month from obumber every sinse. Now it looks like that is going to continue another 3 months, in February that will make it over 60k for a year. That's assuming the additional 13 weeks for stated under 8.5% unemployment.

Am I proud? well lets just say that if we are going to be divided into those that pay and those that get free money. I am all to happy to be on the receiving end.