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Click here to visit the new home of Politics Daily!WASHINGTON -- More people applied for unemployment benefits last week, the first increase in three weeks. Still, the broader trend points to a slowly healing jobs market. The government says applications for unemployment benefits rose 27,000 to a seasonally adjusted 412,000 for the week ended April 9. That left applications at their highest point since mid-February. Applications near 375,000 are consistent with a sustained increase in hiring. Applications peaked during the recession at 659,000. The four-week average of applications, a less volatile measure, rose to 395,750. However, ...
LANSING, Mich. -- Gov. Rick Snyder on Monday made Michigan the first state in the country to lower the number of weeks jobless workers can get state benefits, a trend other cash-strapped states may follow as a way to avoid taxing businesses more for unemployment benefits. Snyder said he signed the bill reducing state benefits from 26 to 20 weeks because it will allow people out of a job now to get up to 20 more weeks of help from a federal program for those who used up their state and most of their regular federal unemployment benefits. The change will allow them to extend unemployment ...
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Follow the Trussell cartoons on Twitter at ChaosTheoryPD ...
(Dec. 17) -- President Barack Obama will sign an $860 billion tax deal this afternoon that extends the Bush-era tax cuts by two years and grants unemployed Americans up to 13 additional months of benefits. In a 277-148 vote, the House passed the bill Thursday after the Senate approved an identical measure the day before. Although some opinion makers are calling this a victory for Obama, many liberal Democrats have expressed concerns over the bill, saying the wealthiest Americans got too many breaks in the deal brokered with Republicans. Here is a breakdown of the measure, compliments of the ...
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The House voted 277 to 148 Thursday to temporarily extend the Bush tax cuts, continue unemployment benefits for 13 months and approve a series of smaller tax credits, cuts and extensions. A coalition of 112 Democrats and 36 Republicans voted against the measure, while 139 Democrats and 138 Republicans voted for it. Because the Senate passed the identical measure on Wednesday, the legislation now goes to President Obama for his signature Friday. The bill's passage marks a significant victory for Obama, who struck out on his own last week to forge a compromise with Senate Republican leaders ...
(Dec. 13) -- Conservatives, liberals and political independents are markedly in sync when it comes to the deal President Barack Obama forged with Republicans on extension of the Bush-era tax cuts and unemployment benefits. A poll released today by the Pew Research Center indicates a strong bipartisan majority backs the deal, including 62 percent of Republicans, 63 percent of Democrats and 60 percent of independents. Within the parties, 64 percent of conservatives and 65 percent of liberals favor the deal. At a time when the two parties' elected officials in Washington have been bitterly ...
(Dec. 10) -- With Democrats threatening to block the Obama/Republican compromise on Bush-era tax cuts, does that mean they're the ones now holding the unemployed hostage until they get their way? That was, after all, the charge Democrats and others had often lodged against Republicans. Examples: Earlier this month, Sen. Harry Reid, D-Nev., said: "We could take a major step toward fixing our economy today if Republicans stopped holding the Senate hostage to more tax giveaways for millionaires." Last month, the liberal Daily Kos complained that the GOP was "holding 2 million ...
(Dec. 7) -- It is the season of the stalemate for President Barack Obama. On several of the most pressing issues abroad and at home, Obama is settling in for protracted negotiation or standoff, walking away from the bargaining table or -- as he's doing with Republicans on the Bush-era tax cuts -- holding his nose, accepting an unpopular compromise and hoping to fight another day. "I will be happy to see the Republicans test whether or not I'm itching for a fight on a whole range of issues" in the months ahead, Obama told reporters this afternoon. "I suspect they will find I am." Saul Loeb, ...
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