Dems seek extension of unemployment compensation in fiscal cliff talks

If they fought half as hard to implement policies that would create jobs as they do to compensate those who can't find a job. we would have been out of this recession years ago. Democrats in Congress demanded on Thursday that any upcoming "fiscal cliff" deal include a continuation of federal unemployment insurance, which is set to expire at the end of the year. "We have 2 million families that are in a very difficult situation if we do not extend unemployment insurance benefits," Sen. Jack Reed (D-R.I.) said during a press conference at the Capitol. "This is the real cliff." Unless Congress acts to reauthorize federal benefits for the long-term unemployed, 2 million laid off workers will abruptly stop receiving benefits after Dec. 29, according to the National Employment Law Project, a worker advocacy and research group. The unemployment lapse is one of the less-noticed elements of the so-called fiscal cliff, the moment at which a combination of spending cuts and tax...(Read Full Post)

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