January 6th, 2014
04:40 PM ET
12 months ago

Senate delays test vote on unemployment insurance extension

Updated 6:41 p.m. ET, 1/6/2014

Washington (CNN) - Senate Majority Leader Harry Reid has decided to delay a key procedural vote originally scheduled for Monday on a $6.4 billion plan to extend long-term unemployment insurance benefits to eligible workers for another three months.

The vote was rescheduled for Tuesday.

FULL STORY

Filed under: Senate • unemployment
soundoff (18 Responses)
  1. Lynda/Minnesota

    "Upcoming Senate test vote on jobless benefits too close to call."

    Seriously? This IS the headliner for the article? You know ... maybe ... just ... maybe ... not everything should be seen as a right vs left political battle of extremes.

    For many millions, their entire lives are based on what happens in Congress.

    Yeah, I know. Let the bums go out and get a job. Or two. Or three.

    /snark

    January 6, 2014 04:47 pm at 4:47 pm |
  2. Dutch/Bad Newz, VA -aka- Take Back The House -aka- No Redemption Votes

    I'm dying to see this vote. Let's see who the grinches are.

    "Many Republicans argue an extension would hurt the economy and act as a disincentive to job creation."

    That is a flat out lie and they know it. Rand Paul clearly doesn't understand the economy. Every economists has said that his claim is false. If republicans would have focused on JOBS as they said they were going to do in 2010, maybe there wouldn't be so many unemployed.

    January 6, 2014 04:51 pm at 4:51 pm |
  3. Tampa Tim

    A three month extension will cost $6.5 billion, or approximately one fourth of the cost of the republican government 16 day shutdown.

    January 6, 2014 04:53 pm at 4:53 pm |
  4. Tampa Tim

    Republicans wasted over $24 billion for their idiotic shut down of government. No one ever asked the baggers what they would be willing to give up to pay for their insanity.

    January 6, 2014 04:55 pm at 4:55 pm |
  5. Sniffit

    If they don't extend them, experts estimate 400,000 jobs will be lost this year and the rate of growth for the GDP will suffer by somewhere around 0.3% (that's actually a lot).

    Now you know why GOPers/Teatrolls are tempted to block any extension, i.e., so they can try to blame Obama for 400,000 jobs being lost this year.

    And $6.4B dollars for the extension? We could have done the extension almost 4 times for the same cost ($24B) of the GOP/Teatrolls shutting down the government for 16 days.

    Meanwhile, while the GOP/Teatrolls play hostage games with this and try to get cuts to social assistance programs instead of offering up, oh, I dunno, cuts to unnecessary fighter jet manufacturing projects that the Pentagon itself said it doesn't need, those who might be cut off from help are going to slow their spending and cause the economy to contract slightly by doing so. Even the bare act of making these hostage threats and playing these manufactured crisis games harms the economy and its recovery...to which the GOP/Teatrolls say "Mission Accomplished."

    January 6, 2014 05:01 pm at 5:01 pm |
  6. tom l

    And $6.4B dollars for the extension? We could have done the extension almost 4 times for the same cost ($24B) of the GOP/Teatrolls shutting down the government for 16 days.
    ====

    Fail. You know that is not remotely the same thing. You tell me my analogies are off and then you try to use this one? So was that 24B that supposedly was lost to the economy due to the shutdown in tax revenues to the govt to pay for this? Uhhhh, no.

    And, again, unemployment benefits do not help someone find a job. They do the opposite.

    January 6, 2014 05:10 pm at 5:10 pm |
  7. tom l

    So apparently liberals on here don't know the difference between tax revenues and GDP.

    GDP =/= tax revenues

    Talk about intellectual dishonesty (or perhaps it's ignorance in Tampa's case but we all know that Sniffit is far too smart to equate those two)

    January 6, 2014 05:12 pm at 5:12 pm |
  8. tom l

    @Sniffit

    "If they don't extend them, experts estimate 400,000 jobs will be lost this year..."

    =====

    Dude, you're so 2012. That's what they trotted out in 2012, not now. And they didn't say it would cost 400,000 jobs; they said it could "support" 400,000 jobs. Big difference and you're smart enough to know the difference. Why be intellectually dishonest? You're better than that

    January 6, 2014 05:16 pm at 5:16 pm |
  9. ProudDem

    Fact remains, every economist out there says this is a no-brainer. People aren't putting their unemployment check in the bank, they're spending it right back into the economy on food, rent, heat...staying alive. And to those of you who think that people are going to say great, I'll live on $300 a month and stop looking for a job....get serious.

    January 6, 2014 05:20 pm at 5:20 pm |
  10. Tampa Tim

    Tom l – it appears you slept through your Economics Class. I forgive you though, because you are so sensitive.

    January 6, 2014 05:23 pm at 5:23 pm |
  11. Sniffit

    "Fail. You know that is not remotely the same thing. You tell me my analogies are off and then you try to use this one? So was that 24B that supposedly was lost to the economy due to the shutdown in tax revenues to the govt to pay for this? "

    Ummm, no, the connection is that the GOP/Teatrolls wil claim that spending another $6B or so on unemployment benefits will actually hurt the4 economy because "something something spending is bad and something something debt." The $24B hit taken by the economy was a direct hit to consumer spending (i.e., demand) and economic growth during the 4th quarter. $6B spent on unemployment insurance is actually an infusion of $6B that gets spent...then spent again....then spent again...follow the velocity of the dollar....and taxed each time it is spent, resulting in a higher than one-to-one ratio of money spent ($6B) to economic activity instigated (some say as high as $1.60 or more for every dollar in unemployment insurance spent). Losing $24B in economic activity due to a 16-day conservative temper tantrum is directly comparable to gaining potentially $10B or so in economic activity by spending $6B on unemployment insurance in order to shore up demand and consumer activity.

    January 6, 2014 05:27 pm at 5:27 pm |
  12. Gurgyl

    Didn't you read the hot button news for the last one week? Wind chill minus 60 degrees. Poor are so vulnerable, I have tears for them, while typing tear drop fell on computer. Please care for them. Writer is not poor either, writer is pretty much wealthy too. I now the suffrage, pain. Kindly pass this extension for poor, needy USA. They know it is curse to get free benefits.

    January 6, 2014 05:31 pm at 5:31 pm |
  13. Jeff Brown in Jersey

    Let's see if the GOP is stupid enough to drive another nail into it's own coffin!

    January 6, 2014 05:33 pm at 5:33 pm |
  14. Romney is STILL NOT My Hero

    @ Gurgyl
    --------–
    I pray the same thing, but it's almost hopeless. People in the country (MAINLY the GOP) are becoming increasingly selfish. Darwinism & Ayn Rand philosophies are the new mindset.

    January 6, 2014 06:18 pm at 6:18 pm |
  15. gahh

    Rand Paul says you're making these people lazy, by giving them unemployment benefits. The Republicans have no problem sending jobs overseas for the cheap labor, but don't want to help the people they have made unemployed. No unemployment benefits, and no food stamps for hungry kids, and the elderly, that's the Republican way.

    January 6, 2014 07:46 pm at 7:46 pm |
  16. AnnetteEvonne

    Remove some of the tax breaks given to the millionaires and billionaires and–oh my gosh–that might pay for everything. Hey, weren't those the people who were the "job creators"? Where are the decent jobs then? Trickle down–what a joke. Not really as jealous as I sound–I've known many wealthy people–it didn't improve them as much as you would think. But I am being honest. Many–most have made their fortunes on the backs of the working people. Some have been just plain old high class thieves. Yet they raise a fuss if they have to pay their fair share of any and all taxes. The middle class has to bear the greatest tax burden so they blame the poor. They are looking in the wrong direction. In our new, pathetic economy, it is almost impossible for regular people to get ahead and you all know it. Or should. Evidently the GOP and the Tea Party do not know it. Sad. Their greed has made a travesty of our great country. God help us all.

    January 7, 2014 12:10 am at 12:10 am |
  17. Marcus (from...?)

    tom l – Excuse me? 24 billion dollars lost, i.e. that didn't appeared nowhere in any possible taxable way, versus 6,4 (or 6,5) billions tax-payer dollars directly poured into the (taxable) economy are unrelated?

    January 7, 2014 03:26 am at 3:26 am |
  18. Marie MD

    Maybe they could have used that $24B the teaklans and repugs wasted on a government shutdown to give to people who really need money to live.
    Nah, that would be something very Christian to do. They don't know the first thing about being Christian or Christ!

    January 7, 2014 06:23 am at 6:23 am |