Here’s the Vehicle for the Next Jobless Benefits Extension
It’s no mystery that some Democrats are hoping to extend emergency unemployment benefits even further into next year -- both to acknowledge a jobless rate
Jul 31, 20201.8K Shares608.4K Views
It’s no mystery that some Democrats are hopingto extend emergency unemployment benefits even further into next year — both to acknowledge a jobless rate that’s topped 10 percent, and to fix a filing deadline glitchthat will prevent those in high-unemployment states from getting the full 20-week extension Congress recently promisedthem. The office of Sen. Harry Reid (D-Nev.) said yesterdaythat the majority leader will likely get behind that push.
But it wasn’t clear how party leaders were planning to do it. The answer might have arrived today.
Reid this week told Senate Democrats that he plans to put together yet another jobs bill this year designed to curb those rising unemployment rates, according to The Hill. Citing Sen. Ben Cardin (D-Md.), the paper reports that Reid offered no specifics about the legislation, except that passage will be a priority before Congress adjourns for the year.
When that bill emerges, you can bet that an extension of unemployment benefits will be somewhere in the package.
Camilo Wood
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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing.
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