The Washington Independent

Posts Tagged jim mcdermott

Study: Millions to Prematurely Lose Unemployment Benefits

By | 12.08.09 | 6:00 am

For millions of unemployed workers, the recession is poised to go from bad to worse.

More than 3.2 million laid-off Americans will prematurely exhaust their unemployment insurance in the first quarter of next year unless Congress intervenes, an advocacy group warned Monday.

Although lawmakers last month pushed through More…

Jobless Benefits Extension Stiffs High Unemployment States

By | 11.09.09 | 8:04 pm

To hear the Democrats tell the tale, the extension of jobless benefits enacted over the weekend will provide those living in high-unemployment states with an additional 20 weeks of insurance.

Well, not quite.

Because the bill was held up More…

Liberal Dems Push to Cap Credit Card Rates

By | 04.28.09 | 12:38 pm

A group of liberal House Democrats on Tuesday unveiled legislation that would cap credit card rates at 18 percent. This should not to be confused with the push to freeze rates on existing balances, which made headlines last week — the Democrats’ cap would apply to future transactions as More…

The Unemployed Can Get Health Care — and Little Else

By | 01.09.09 | 12:48 pm

As the unemployment lines grow longer by the month, a report released today reveals why many jobless folks will likely soon lose their health coverage as well.

On average, the cost to cover families under the Consolidated Omnibus Budget Reconciliation Act (COBRA) — the federal arrangement allowing laid-off workers More…