Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight
Thursday, July 01, 2010 at 11:42 am
Another vote on a bill to extend federal unemployment insurance benefits for the long-term unemployed may come to the floor of the Senate as early as tonight, according to Sen. Tom Harkin (D-Iowa).
“I hope that we can get this done — we only missed it by one vote yesterday. I hope we can pass it tonight before we go home for the 4th of July,” Harkin said this morning during a conference call with reporters.
“Moody’s Analytics says that the biggest bang for the buck we can get for government spending during a recession is food stamps because people spend that money right away. Second only to that are unemployment insurance benefits,” Harkin said.
The Moodys.com study he’s referring to from earlier this year found that extending unemployment benefits generates $1.63 in economic activity for every $1 spent by the government.
“Quite frankly, the worst thing I think we can do in the recession that we are in right now is to not extend unemployment insurance benefits,” he said. “That will drag the economy down every further.”
31 Comments
Pingback posted July 1, 2010 @ 12:17 pm
[...] This post was mentioned on Twitter by TouchdownDance. TouchdownDance said: RT @washdcnews: Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight http://dlvr.it/2CQ4v [...]
Pingback posted July 1, 2010 @ 1:57 pm
[...] Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight « The Washington Independent [...]
Pingback posted July 1, 2010 @ 2:12 pm
[...] Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight « The Washington Independent [...]
Pingback posted July 1, 2010 @ 4:13 pm
[...] Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight … [...]
Pingback posted July 1, 2010 @ 5:22 pm
[...] morning, Sen. Tom Harkin (D-Iowa) raised the prospect that the Senate might hold another vote on extending federal unemployment insurance benefits before [...]
Comment posted July 1, 2010 @ 5:11 pm
Why in God's name do they not pass this extention now? People are suffering needlessly, why make them continue suffering? a week not being able to eat or put gas in the car to search for work untill they return from their vacation is absurd and cruel!
Pingback posted July 1, 2010 @ 8:13 pm
[...] Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight … [...]
Pingback posted July 1, 2010 @ 8:38 pm
[...] More: Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight … [...]
Comment posted July 1, 2010 @ 8:08 pm
What's happening is the middle-class is being exterminated by this recession, and while the Corporations, Big Banks, the Auto Industry and the Oil Barons got their “bailouts” when they robbed the taxpayers of this nation (and our Govt continues to spend $9 Billion a month to fight in Iraq & Afgan we're being told the money isn't there for us and that it would be wrong to add to the deficit? Are they kidding? All of us have spent our lives being over-taxed and now when we need to collect from a system that we've paid into all along there are those in Congress that say we've all been sitting on our asses collecting what little bit UI pays us so we can buy drugs with it or because we don’t want to have to work! It just goes to show you just how much of a bubble these rich politicians live in. Those statements are inflammatory & slanderous to all of us who have been struggling to stay afloat during the crisis caused by the wealthy elite and now they’re going on vacation? They might as well have said to us “…too just eat cake.” Those were the words of another member of the wealthy elite. Remember what happened to her?
Comment posted July 1, 2010 @ 8:09 pm
If the Unemployment Extension is not past before the 4th of July break, I hope that all the Senators that voted NO think about all the Americans going without as they enjoy their 4th of July Celebrations. Surely they will want for nothing! It is so sad!
Pingback posted July 1, 2010 @ 9:11 pm
[...] Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight « The Washington Independent [...]
Comment posted July 1, 2010 @ 9:05 pm
Time to clean house . I myself have never been political , never paid any attention to the senate or the house. Now my eyes have been opened an my voters registration card is going to be used in every election from here on.
For the people by the people, when will our government hear these words?
I have hope that this November every person who is, or knows anybody who has had to suffer through this unemployment nightmare will get and use their Voters Registration Card and vote for the people ,by the poeple.
I hope the senators enjoy their paid week long holidays while they can.
Pingback posted July 1, 2010 @ 10:21 pm
[...] Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight … [...]
Pingback posted July 1, 2010 @ 10:50 pm
[...] Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight … [...]
Pingback posted July 1, 2010 @ 11:54 pm
[...] Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight « The Washington Independent [...]
Pingback posted July 2, 2010 @ 12:09 am
[...] Chellie Pingree today voted to extend critical unemployment benefits, saying the checks stimulatUnemployment Extension July 1 2010 – Extended unemployment benefits pass House; still blocked in Senate. July 1, 2010 4:44 PM. [...]
Pingback posted July 2, 2010 @ 12:28 am
[...] the Se. Unemployment Extension July 1 2010 : Tax credit closing deadline. Read full Legislation thatUnemployment Extension July 1 2010 – Source Byrd's casket will arrive at the Capitol at 9:45 am ET and be carried by an honor cordon [...]
Pingback posted July 2, 2010 @ 12:47 am
[...] Congress has approved separate stand-alone bills that extend the closing deadline for claiming tUnemployment Extension July 1 2010 – Unemployment Extension July 1 2010 : Tax credit closing deadline extension passes Congress. Read [...]
Pingback posted July 2, 2010 @ 1:51 am
[...] Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight « The Washington Independent [...]
Pingback posted July 2, 2010 @ 1:11 pm
[...] Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight … [...]
Pingback posted July 2, 2010 @ 2:38 pm
[...] Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight « The Washington Independent [...]
Pingback posted July 2, 2010 @ 6:14 pm
[...] Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight « The Washington Independent [...]
Pingback posted July 2, 2010 @ 9:42 pm
[...] Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight « The Washington Independent [...]
Pingback posted July 3, 2010 @ 7:51 am
[...] Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight « The Washington Independent [...]
Pingback posted July 3, 2010 @ 3:01 pm
[...] Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight « The Washington Independent [...]
Pingback posted July 6, 2010 @ 11:47 am
[...] Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight « The Washington Independent [...]
Pingback posted July 6, 2010 @ 1:13 pm
[...] Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight « The Washington Independent [...]
Pingback posted July 6, 2010 @ 4:44 pm
[...] Harkin Hopeful Unemployment Benefits Extension Will Pass Tonight « The Washington Independent [...]
Comment posted July 6, 2010 @ 5:27 pm
Less and less money going back into the economy and more people applying for welfare. Oh yea, that's going to make things better. More people being foreclosed, more businesses closing for lack of spending power means more unemployed. Oh yea, that's going to help the economy. Quit playing politics with my family's lives and wake up. All incumbants will be voted out in November for those that are up for reelection. Many of your constituants ARE ON UNEMPLOYMENT.
Comment posted July 7, 2010 @ 12:23 am
If it does not pass, the economy will suffer and the Republicans will claim Obama's plan did not work. It's all election games but what Republicans are not considering is how many laid off Republican voters will stay home or vote Democratic in November and 2012?
Comment posted July 7, 2010 @ 1:23 pm
get the republicans out!!!!!!!!!!!!!!will you the average man never understand???????????they want all to either be millionares or dirt poor…….they want the middle class out………..vote them out out out
RSS feed for comments on this post.
Sorry, the comment form is closed at this time.
rss