Jobless benefits will run out for 2 million Americans during the holiday season unless they are renewed by a Congress that's focusing more attention on a quarrel over preserving tax cuts for people making more than $200,000 a year.
It's looking iffy at best whether Congress will renew jobless benefits averaging $310 per week nationwide that are presently claimed by almost 5 million people who have been out of work for more than six months.
An extension of jobless benefits enacted this summer expires Dec. 1, and on Thursday, a bill to extend them for three months failed in the House. Democrats brought the bill to the floor, but Republicans opposed the legislation because they were denied a chance to attach spending cuts.
It's looking iffy at best whether Congress will renew jobless benefits averaging $310 per week nationwide that are presently claimed by almost 5 million people who have been out of work for more than six months.
An extension of jobless benefits enacted this summer expires Dec. 1, and on Thursday, a bill to extend them for three months failed in the House. Democrats brought the bill to the floor, but Republicans opposed the legislation because they were denied a chance to attach spending cuts.
Still, the looming expiration of unemployment benefits could put Republicans on the defensive since they'll expire just as debate peaks in the lame-duck session over whether to extend Bush-era tax cuts on individuals with income exceeding $200,000 or for couples making more than $250,000. The tax cuts expire Dec. 31, and Democrats oppose permanently extending the upper-bracket tax cuts, which would cost about $700 billion over 10 years. "I don't think we want to leave here having fought for tax cuts for millionaires and against unemployment insurance for those that have lost their jobs," White House spokesman Robert Gibbs said.
Every recession since 1950 has featured an extended federal benefits program financed with deficit dollars. Allowing benefits to expire in the holiday season may draw negative attention to Republicans, especially when measured against their insistence on renewing tax cuts for upper-income taxpayers.
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