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NEWS ABOUT: unemployment benefits

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Pipeline May End Up in Final Tax Deal

Republicans adamant about keeping Keystone in play

(Newser) - Republican lawmakers are determined to push through a measure speeding a White House decision on the Keystone XL pipeline—and they're ready to link it to the payroll tax cut extension. If the Senate sends the House legislation that extends the tax break, as well as jobless benefits and... More »

New GOP Push: No Jobless Benefits for Rich

They also want to keep millionaires off food stamps

(Newser) - The GOP has found some millionaires it won't stand up for: Millionaires on food stamps. House Republicans have added a measure to their payroll tax holiday bill that would cut off food stamps and unemployment benefits for people with a gross adjusted income of $1 million or more, the... More »

Next Dogfight for Congress: Payroll Taxes

And this time, the outcome could cost you about $1K

(Newser) - Now that the super committee lies in ruins, Congress has another scramble on its hands—what to do about the current payroll tax holiday, which is up Dec. 31, and unemployment benefits, which expire for 2 million people soon after. Failing to extend either could put a serious dent in... More »

Unemployed Stung by BofA Fees on Benefits

Big banks benefit from debit card programs

(Newser) - Bank of America has retreated from plans to charge a monthly debit card fee , but some of the people who can least afford it are still being stung. In South Carolina, one of several states that have contracted with BofA to deliver unemployment benefits through debit cards instead of checks,... More »

Jobless Benefits Expire for 6M Next Year

...unless Congress passes another extension

(Newser) - More than 6 million Americans will run out of unemployment benefits starting in January if Congress doesn't move, with 1.8 million of those in January alone, CNNMoney reports. President Obama's American Jobs Act would extend the deadline to file for another year of benefits, but the Jobs... More »

Let's Give Jobless a 'Signing Bonus'

But cut off benefits after 39 weeks: Todd Buchholz

(Newser) - Todd Buchholz, an economic adviser to the elder President Bush, thinks the idea of 99 weeks of unemployment benefits is foolish. It gives people little incentive to find work, he writes in the Washington Post . His solution: Cut off benefits at 39 weeks but add a "signing bonus" for... More »

Florida Gets Stingy With Jobless Benefits

State will limit benefits, tie eligibility to unemployment rate

(Newser) - Florida is poised to become what the Huffington Post calls the "stingiest state" in America on unemployment benefits. A bill waiting for the governor's signature would cut the maximum number of weeks people could get benefits from the state from 26 to 23. It would also put into... More »

Michigan: Now Home to Stingiest Jobless Benefits

Governor Rick Snyder lops six weeks off of benefits

(Newser) - Michigan Gov. Rick Snyder signed a law yesterday that will chop six weeks off the amount of time state workers can collect unemployment next year—making Michigan the only state in the country to give its workers less than 26 weeks of benefits, the New York Times reports. Republicans quietly... More »

Obama Proposes Boosting Unemployment Tax

Companies would pay more to insure workers

(Newser) - President Obama’s proposed budget is expected to call for the first increase in unemployment taxes since 1983. Employers would, as of 2014, have to pay taxes on $15,000-worth of wages, up from the current $7,000, the Wall Street Journal reports. The move would give states a way... More »

Feds Hit States With Interest on Unemployment Loans

Tax-free provision ended with first stimulus

(Newser) - With most states already swinging in the recessionary winds, more bad news—many will have to start paying interest on the money they borrow to pay unemployment benefits. When jobless levels hit the unthinkable, with some states seeing 14%-15%, many had to go cap in hand to the feds to... More »

Why We Love to Think the Jobless Are Lazy

Mythology, narcissism, and 'raw fear' drive conceit

(Newser) - In America, we like to think that the unemployed are to blame for their joblessness—that, in the words of Ben Stein, they’re “people with poor work habits and poor personalities." But any economist will tell you that’s not true, writes David Sirota in Salon . The... More »

Retiree Repays California for Jobless Benefits in '64

Dennis Ferguson says $1,110 helped him train for computer career

(Newser) - A 74-year-old South Carolina man has repaid California for the $1,100 he received in unemployment benefits 46 years ago. In fact, Dennis Ferguson added interest and wrote a check for $10,000 to the state Treasury, reports the Los Angeles Times . Ferguson got laid off from Douglas Aircraft way... More »

69% of Americans Support Obama's Tax Deal

Even when confronted with deficit issues, support only drops to 62%

(Newser) - Bernie Sanders may not like President Obama's tax deal, but most of America supports it. A new ABC News /Washington Post poll shows 69% support the tax-and-benefits package and only 29% oppose it. Even when confronted with the fact that it could add $900 billion to the deficit, the level... More »

Pearl Harbor, Edwards, Jobless Deal All Tragedies: O'Donnell

Pearl Harbor, Elizabeth Edwards, and whoops, time to backtrack

(Newser) - Christine O'Donnell is still here, and still making headlines thanks to comments like the one she made Tuesday, calling the extension of unemployment benefits a "tragedy." Not just a tragedy, but a tragedy that merited mentioning in the same breath as Pearl Harbor and Elizabeth Edwards. O'Donnell was... More »

Obama's Tax Deal Really a 'Stealth Stimulus'

But it'll only work if consumers will spend the money

(Newser) - The tax cut deal President Obama struck with Republicans is likely to give a real jolt to the economy, economists tell the Wall Street Journal , which calls the deal “a second, stealth stimulus package.” While the tax cuts themselves may not boost growth much, the extension of unemployment... More »

Tax Cut Deal May Hinge on House Democrats

Biden, Pelosi gear up to fight for Obama-GOP plan

(Newser) - As President Obama and GOP senators iron out a deal on extending the Bush tax cuts, the real fight will be in the House, writes Howard Fineman at the Huffington Post . The Senate's version will have to circle back to the House for approval, and even if all House Republicans... More »

Obama, GOP Hold Hushed Tax-Cut Talks

President calls for speedy renewal of jobless benefits

(Newser) - Could the president and GOP lawmakers be inching toward compromise ? Working against the clock, Obama and congressional Republicans have been holding behind-the-scenes talks about extending tax cuts—due to expire at year’s end—and renewing expired emergency jobless benefits, and they're making slow and steady progress on the... More »

Anger Mounts as Millions Lose Jobless Benefits

2M to lose benefits by Christmas as parties hit impasse

(Newser) - As Democrats and Republicans wrangled over tax cuts for the richest Americans, time ran out for millions of people who have been unemployed for up to 99 weeks. Congress has failed to agree on how to extend benefits for the long-term unemployed and some 2 million people who have been... More »

Jobless Benefits Extension Fails in House

They could expire at the end of November

(Newser) - A vote to extend federally funded unemployment benefits for three months failed to get enough support in the House today, meaning that current benefits could expire on November 30. The bill required a two-thirds vote to reauthorize funding and faced an uncertain future in the Senate had it passed, reports... More »

Brits to Jobless: Volunteer or Lose Benefits

Goal: 'End the habit of worklessness'

(Newser) - Unemployed Britons may have to volunteer full-time for a month in order to keep their benefits. The plan, to be unveiled this week, is part of a massive overhaul of the country's $300 billion welfare program, notes the Guardian . The goal, says a government source, is to "end the... More »

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