Unemployment Extension:The Worst Possibility-But There Is Hope

This morning the Senate voted on the tax extenders bill, which had the unemployment extension, the doc fix, and numerous measures that would, many believe, succeed in stimulating the economy. The vote was 52-45, it has been suspected that Senator Reid had withdrawn his cloture because the necessary votes to pass this wasn’t there.

Those Who Voted No

12 Democrats described as “Centrist” broke away from the party accepted bill because of the addition to the deficit, some $80 billion. Among the “NO” voters was Senators Mary Landrieu (D-La.), Ben Nelson (D-Neb.), Bill Nelson (D-Fla.), and Claire McCaskill (D-Mo.). All expressed the same concern…deficit spending. This seems to be the problem with most politicians these days, no matter the polls. Recent surveys are showing that the American public is more concerned about the Medicare cuts and unemployment than the deficit. Makes a person wonder what public these guys listen to.

Republican Paid Version Vs. Democrat Whittled Down Version Tomorrow

The Democrats already have a whittled down version of the bill which will be introduced on Thursday. They haven’t announced which amendments will suffer yet, but candidates could include the doc fix, this would open up $22 billion, or the feared unemployment extension. Time to start calling, faxing, and e-mailing Senators again. I would suggest to include copies of the comments made on this and other “Unemployment Extension:” articles on this website. This is the true voice of the people.

Republicans will introduce a version of the same bill, also. But their version is paid for…no deficit spending fears in that. This one will reallocate stimulus monies not yet used by the intended target. While this is likely to get the support needed to pass, it is suspected that the bill will be trimmed down even farther than the Democrats version.

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About the Author: Hoàng Kang

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