Saturday, November 20, 2010

House GOP blocks bill to extend jobless benefits

Republicans in the House Thursday blocked a bill that would have extended jobless benefits for the long-term unemployed beyond the holiday season.

An extension of jobless benefits enacted this summer expires Dec. 1, and unless they are renewed, two million people will lose benefits averaging $310 a week nationwide by the end of December.

The failed measure would have extended jobless benefits through the end of February at a cost of adding $12.5 billion to the nation's debt. Republicans opposing the legislation said the measure should be paid for by cutting unspent money from last year's economic stimulus bill.

The White House criticized Congress for failing to renew unemployment benefits with the holiday break approaching.

Democrats brought the measure to the floor under fast-track rules that required a two-thirds vote to pass, so the measure fell despite winning a 258-154 majority. Republicans blasted the move since it denied them an opportunity to try to offset its cost.

Why the fast track if they had a majority?

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