http://www.dailykos.com/storyonly/2010/11/30/924372/-GOP-blocks-renewal-of-jobless-benefits-extension?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+dailykos%2Findex+%28Daily+Kos%29&utm_content=Google+ReaderGOP blocks renewal of jobless benefits extension
by Meteor Blades
Tue Nov 30, 2010 at 05:00:05 PM PST
Hickory Dickory Dock, the Republicans run out the clock. Thus did 800,000 jobless Americans lose their extended unemployment compensation benefits Tuesday. That means their final check comes next week. Without action by Congress, another 1.2 million could lose their benefits by the end of December. With the standalone bill defeated, as expected, Democratic leaders say they'll try again, which most probably means attaching the extension to some other legislation, possibly the extension of tax cuts.
In a rambling speech in which he appealed to the Senate gallery twice, Sen. Scott Brown chided the Democrats for spending too much time on food safety instead of negotiating with Republicans earlier this month to get a mutually agreeable extension passed. From the GOP perspective (and that of some conservative Democrats), such an agreement would require finding an offset, that is, taking funds from other federal programs to cover the $56.4 billion cost of the 13-month-long benefits extension introduced by Sen. Max Baucus Monday night. That's despite the fact that always in the past when unemployment benefits have been extended, it's been an emergency measure that doesn't require offsets.
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If the unemployment extension continues to be blocked, economists say it could cost the economy up to $5 billion. In the short run, that means putting the chop on holiday spending. In the longer run, a million more people could lose their jobs, with hundreds of thousands of them winding up impoverished, homeless and getting many of their meals from soup kitchens. For a lot of Senators today, none of that makes a damn bit of difference.