Unemployed would lose benefits if federal budget cuts go through
February 20th, 2013
07:24 AM ET
1 year ago

Unemployed would lose benefits if federal budget cuts go through

(CNNMoney) - The long-term unemployed can kiss goodbye almost 10% of their weekly jobless benefits if federal budget cuts go into effect on March 1.

Many safety net programs, such as food stamps and Medicaid, are protected from the $85 billion in forced spending cuts, but extended federal unemployment benefits are vulnerable.

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Filed under: Budget • Jobs
soundoff (7 Responses)
  1. Guest

    Maybe some of them could be hired if the EPA wasnt regulating businesses out of existence and stalling Keystone while subsidizing non-existent "green" jobs via the tax payers wallet. Get people to work Obama and get your departments under control.

    February 20, 2013 07:43 am at 7:43 am |
  2. Rick McDaniel

    There is little that can be done to prevent that. The spending has to stop, and we have to find real solutions........not just print money and run up debt.

    February 20, 2013 07:50 am at 7:50 am |
  3. Scott

    No cuts to unemployment benefits. People work for thise benefits. Cut the foodstamps, medicad, free cell phones, and the earned income tax credit. You have to claim unemployment benefits as income on your taxes. How about claiming welfare benefits as income on taxes? That would help increase revenue as well as decrease welfare fraud.

    February 20, 2013 08:36 am at 8:36 am |
  4. Pete

    Pres.Obama has their backs with a piece of legislation ready in case this sequester deal goes through..It's republicans who created this monster and are backpeddling because they haven't a clue how to stop it only pointing to the president to blame..But quess what republicans its just another political nail in your careers coffin come midterms and all your ignorent out of touch ,clueless posters here can't help you so keep up the blame game morons because midterms can't come soon enough can it!!

    February 20, 2013 08:44 am at 8:44 am |
  5. WiredweirdinSF

    Do you think may of them would then stop watching Jerry Springer and go out and look for a job? I know they are tougher to find in this Obamaconomy, but they do exist at least until his new round of minimum wage increases and the full theft of Obozocare set in.

    February 20, 2013 08:44 am at 8:44 am |
  6. Rudy NYC

    Have you noticed how the Republican narrative casting blame on Pres. Obama for the sequester has been evolving? Early last week every sound bite from a Republican lawmaker included a charge that the sequester was "Obama's Idea." By the end of last week, they had rolled out a catch phrase, "Obamaquester".

    This week the language his changing from "Obama's Idea" to "Obama's Sequester". By the end of this week, the language will probably be "his sequester". By next week, when the deadline arrives, I have no doubt they will slip in more words like: "own"; "respoonsible": and, of course, "fault."

    But, let's remember that 2/3 House Republicans voted for the Sequester, compared to roughly half of House Democrats. The Senate passed it, and Pres. Obama signed it because it was the least extreme bill that came out of the House. Finally, let's not forget how a few months later Spkr Boehner, when asked about debt battle and resulting Sequestration Bill, replied, "I got 98% of what I wanted."

    February 20, 2013 08:48 am at 8:48 am |
  7. Al-NY,NY

    so what? As long as the GOP protects their benefactors, they could care less

    February 20, 2013 09:06 am at 9:06 am |