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July 22, 2010 - by Moshe Bildner

Two major pieces of legislation moved forward yesterday, as the President signed the financial regulation bill H.R. 4173, and the Senate passed an unemployment insurance extension H.R. 4213, by a vote of 59-39.  Here’s what’s going on in Congress:

 

President Barack Obama's signature on a bill

 

  • Democrats in the Senate finally broke a Republican filibuster and proceeded to pass H.R. 4213, a fourth unemployment insurance extension; the bill still must be voted on by the House and signed by the President before it becomes law.  (Christian Science Monitor)
  • Testifying to Congress, Federal Reserve Chairman Ben Bernanke called the economic outlook “unusually uncertain”, and announced that the Fed would keep in place all financial stabilization measures it has taken since the 2008 financial crisis. (CNN)
  • President Obama signed into law sweeping new financial regulations in H.R. 4173, ending a quest that had begun as early as 2007.  Minority Leader Rep. John Boehner (R, OH-8) attacked the bill, offering his now-standard call to repeal the new legislation.  (AP)
  • Congressional Democrats are divided over proposals for new energy legislation; liberal members are pushing to enact a comprehensive energy and climate change bill, while more conservative members, worried that a large energy bill cannot get through congress before the November elections, are urging Congress to consider smaller piecemeal energy reforms.  (Politico.com)
  • Feeling pressure from its Gulf oil spill, BP increased its spending on lobbyists to $1.7 million this quarter. (Bloomberg)
  • The Congressional Tea Party Caucus was officially launched Wednesday by a group of Republicans led by Rep. Michele Bachmann (R, MN-6). (Washington Post)
  • The “Miscellaneous Tariff” bill passed the House easily, despite earlier opposition from Republicans.  (Associated Press)
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Comments

Displaying 31-60 of 100 total comments.

  • raegan81 07/22/2010 9:03am

    PASSED! About time, hopefully Obama signs this quick and the states send out this much needed relief soon! Anyone know how long it will take in Missouri?

  • Comm_reply
    dbruneau5973 07/22/2010 9:06am

    @raegan81 The President is due to sign off on it TODAY! You will need to contact the Missouri Unemployment Dept. You can call or go to their website for info. To my knowledge Texas is the only one that has posted a time frame. Here is Massacusetts they are being very guarded nd refuse to say anything..

  • Comm_reply
    raegan81 07/22/2010 9:10am

    Thank God Ive been out since June like everybody else! Thanks for the info!

  • seanurse 07/22/2010 9:04am

    YES HAPPY DANCE . IT PASSED THE HOUSE AND IS ON ITS WAY TO PRESIDENT AS WE SPEAK. THANK YOU GOD FOR THE ANSWER TO SOME OF OUR PRAYERS. NOW WE NEED TO GET A GROUP OF PROTESTERS TOGETHER TO GET FURTHER EXTENSIONS FOR THE 99ERS. OF WHICH ALOT OF US WILL BE SOON. LETS KEEP THE BLOGING GOING ON THIS SITE. JUST BECAUSE WE HAVE SOME MONEY LETS NOT FORGET HOW FAST WE WILL BE RIGHT BACK AT THE MERCY OF CONGRESS POLITICS. PLEASE LETS ALL STICK TOGETHER AND FIGHT FOR OUR RIGHTS AS US CITIZENS.

  • sruthj217 07/22/2010 9:05am

    Obama will sign. It is passed.
    I hope the unemployment offices accept that this is inevitable and start preparing today. Some states look like they are a week behind or more with their computers.

  • Comm_reply
    dbruneau5973 07/22/2010 9:09am

    @ sruthj217.. it all comes down to the computer systems the state uses. COBALT is the oldest and will take the longest. So if your state is using COBALT its atleast 3 or 4 more weeks I am being told. I just got off the phone with the people here in MA and they are telling me it has to be signed off on here in the state by 7 different depts before they can even begin to reprogram the computers and then start the process of payment. Everyone needs to check with their individual state and poste what info they get!!

  • GodisGreat44 07/22/2010 9:07am

    how do you find out how long each state will take to give us money? anyone know how long Pennsylvania will take? praise God it passed!!

  • Comm_reply
    dbruneau5973 07/22/2010 9:11am

    In my local paper it says NY and PA will start seeing money as soon as Tuesday

  • eavina30 07/22/2010 9:10am

    The work is not done just yet !!!!!, I am on my last tier and set to be exhausted in September, even though this is a great victory for hard working Americans, we need not forget our 99ers who desperately are in need of a Tier 5…..Tier 5 everyone

  • seanurse 07/22/2010 9:12am

    ANYONE FROM ILLINOIS GETTING THROUGH TO UNEMPLOYMENT? PLEASE POST TIMELINE FOR PAYMENTS IF YOU FIND OUT. BEEN TRYING FOR HOURS. IM ASSUMING BECAUSE WE GET PAYED QUICKLY AFTER CERTIFYING THAT IT WILL BE FAST BUT WOULD LIKE TO BE ABLE TO TELL MY LANDLORD A TIMELINE. PLEASE IF YOU KNOW PLEASE POST THANKS.

  • Comm_reply
    understanding 07/22/2010 9:16am

    Thanks, everyone!!! Thanks Donny Shaw!!

    Help for the 99ers!!!

  • cplstopstick 07/22/2010 9:15am

    Agreed this is one hurdle that has been a long time coming to get passed but we cannot forget the 99ers our fellow unemployed brothers and sisters that have been left hanging in the breeze for far too long. Now we need to rally for the 99ers they have rallied for us that have not hit the 99 week threshold yet. We still have a long road to travel to aid all of us that are unemployed due to no fault of our own

  • fa2010 07/22/2010 9:15am

    For Florida people: http://www.floridajobs.org/unemployment/hottopics.html

    We should be able to certify for our weeks within 2 weeks from today. Such a relief – I ran out of my regular UC on June 4th – just past the deadline to get into Tier 1.

  • sruthj217 07/22/2010 9:16am

    I would suggest to everyone not missing signing ANY 99ers petition as none of us have any guarantee of getting a livable job back by Nov. Its just common sense. The reality is whatever measure is considered will need 60 votes in the Senate because someone will inevitably filibuster it. Good luck in job search everyone!

  • widget02us 07/22/2010 9:29am

    Just want to repost the petition for the 99ers.

    http://uspoverty.change.org/petitions/view/the_99ers_need_a_tier_v_added_to_unemployment_benefits

  • Comm_reply
    Abaratarrr 07/22/2010 9:52am

    there will never be a tier 5 as long as the democrats believe that if they do nothing that the republicans will take the blame.

    This is not a democrat vs republican thing. The dems and republicans are on the same side we are on the other if the democrats or republicans were on our side they would have proposed a tier 5

  • Comm_reply
    Chris51 07/22/2010 10:06am

    The 1% wealthy, want us to be divided. They give lots of money to organizations such as FreedomWorks (Tea Party Activist and spokespeople) to keep Americans from uniting and using the legislative system that is in place from working for us. Don’t take the bait.

    I recommend you take a few minutes and watch this clip. It is rare to find honest, courageous, direct sharing of current facts in the media. You got to watch this guy before someone gets to him and censors him. THE USA WOULD NOT BE IN THIS MESS, if reporters had been airing stories like this years ago, before Bush Sr. Admin. drafted up NAFT.

    http://www.msnbc.msn.com/id/21134540/vp/38333756#38333756

  • tah 07/22/2010 9:38am

    Here is what is posted on Texas Workforce Commission Unemployment Benefits website-

    Congress is voting on an extension on all extended benefit program deadlines. Texas Workforce Commission will begin sending payments 7 – 10 days after the President signs the bill into law. You do not need to contact TWC about the extension unless we send you a letter asking for information. Please continue to request payment as scheduled. You can check the status of your payments on line at ui.texasworkforce.org and selecting Claim and Payment Status or by calling Tele-Serv at 800-558-8321 and selecting option 2.

  • eavina30 07/22/2010 9:41am

    7 to 10 days until i get a letter and claim form, just called EDD in California, wow that’s a long time

  • Comm_reply
    design321 07/22/2010 9:56am

    Which tier are you? Or is this for FED-ED? thanks!

  • pammyz01 07/22/2010 9:48am

    Oklahoma has updated their site as well, states:
    As soon as the president signs the extension of the deadline for filing Extended Unemployment Compensation we will begin processing all Tier 1, 2 and 3 claims that have been filed. We hope to have all pending payments issued by July 31st

    I hope I am on the front end of this one!
    yay!

  • adrabon 07/22/2010 9:49am

    South Carolina will send out checks the Monday after the Pres. signs the bill

  • mkjking 07/22/2010 9:52am

    It should be fairly quick for those of us that have an Unemployment Debit Card. I just went to the Maryland site and haven’t updated anything yet.

  • Comm_reply
    tah 07/22/2010 9:55am

    Not necessarily. Texas has direct deposit to your bank and they still say it’s 7-10 days. Thousands upon thousands claims going back for almost two months have to be processed. It’s just going to take time, people!

    At least a lot of people are good until the end of November. However, those of us at the end of the money stream are basically out of luck with no relief in sight.

  • Comm_reply
    Blogger 07/22/2010 10:09am

    tah, I’m with you. The end of July is also the end of Tier 4 for me. November will do me no good. But, I’ll be happy for the people who are lucky enough to get a Tier 5, if it happens. Honestly, I’m not sure it will. There was so much sturm and drang over a simple extension, I’d imagine debate over another Tier would end up in actual fistfights on the Senate floor.

  • PleaseHelpTheUnemployed 07/22/2010 10:02am

    Thank You for extending H.R. 4213. Although it has been a long time with all the delays resulting from wasting time with all the back and forth between the democrats and republicans, and despite the fact some damage has been done in some ways due to so many people being unemployed, finally I myself along with many others can find some relief. Thanks to Donny Shaw and Moshe Bildner for keeping us up to date with the posting of all the articles.

  • PleaseHelpTheUnemployed 07/22/2010 10:07am

    Please help the 99ers. Those idiots who say that the unemployment insurance takes away the motivation and incentive to look for jobs are ignorant, arrogant, and clueless to know what it’s really like on the front. For most of us, if not all, we were making much more at our jobs than the unemployment checks. So why would we not want to work? However, these unemployment checks provided and will provide us with the basic necessities of food, utilities, car payments, mortgage/rent, and especially for the children. ……..1000 characters max………continued.

  • PleaseHelpTheUnemployed 07/22/2010 10:07am

    Although there may not be much left for “leisure” such as going on a vacation or even simply just going out to a movie, at least the necessities are taken care of to survive until the economy improves and more jobs become available. And so these unemployment insurance checks are so important to keep the unemployed afloat while they find jobs, which has been so difficult in the current economy and yes, it’s insurance not welfare as mentioned many times before. We have paid into this so that we may be helped in our time of need and this is the time.

  • justjess1 07/22/2010 10:12am

    NEW YORK SHOULD BE GETTING PAYMENTS ON TUESDAY OR WEDNESDAY IF ANYONE FROM NY NEEDS THAT INFO. EVERYONE NEEDS TO KEEP IN MIND THAT IN NOVEMBER WE WILL BE BACK IN THE HOLE. IAM GOING TO DO THE SMART THING AND TRY TO SAVE SOME OF THIS MONEY. IAM BACK UP ON BILLS AND PAYMENTS FOR MY RENT ALSO. I WOULD LIKE TO THANK MR SHAW FOR ALL OF HIS UPDATES AND GETTING INFORMATION TO US FAST.

  • mkjking 07/22/2010 10:14am

    I just talked to Unemployment Office in Maryland. They have stated that, once the President signs the Bill, the Unemployment Offices will move to get payments processed. HOWEVER, they cannot pay anyone until they receive the funds, which could take a week or two. I have been reading that some states are going to work over the weekend to get payments out more quickly. What it comes down to is that we will have to wait until the President signs the Bill before we will learn anything more definitive.

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