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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 1-30 of 100 total comments.

eavina30 07/22/2010 8:07am

IN NOVEMBER WE WILL REMEMBER http://www.youtube.com/watch?v=WT1LXhgXPWs REPUBLICANS AND BEN NELSON, EXCEPT FOR THE SENATORS OF THE GREAT STATE OF MAINE

markb471 07/22/2010 2:36pm

This was not the great recession it is the 2nd Great Depression. I just wish most of these politicians would get off their ideological soapboxes and starting working for this country and the American citizens. We still have to keep the pressure on for the 99ers.

Melissammm12 07/22/2010 8:43am

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

Thank God for Ed keeping our voices heard!

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.

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?

bunibuni1964 07/22/2010 8:34am

@Godisgreat44 you are right GOD will see us through this. The old saying goes God helps those that help them selfs, well lets all help ourself in November by ELECTING someone else obviously this group of leaders DONT CARE !!!!!!!

seanurse 07/22/2010 8:24am

ok does anyone donny shaw or somebody know how long they are going to stall the passage of this bill again. god help me i am thinking some bad things of our goverment right now. we need to get a new bill to our constitution where the unemployment is considered an emergency like hurricanes or national desasters. where the money is there within days. this is bullshit how they are treating us on both sides. this should not even be a debate. the oil people in the south got unemployment immediatly. im so frustrated right now thenks for letting me vent. god please get this bill passed and new extensions put forward for the 99ers as well. we are so down right now that we cant get any lower. our hands are up please help us today. amen

adrabon 07/22/2010 7:46am

According to the official, the projects will be part of a five- year, 7.5-billion-dollar aid package approved by U.S. Congress last year, which hopes to temper anti-Americanism in Pakistan by building schools, infrastructure and democratic institutions. pakistan can get this money with no problems. the American people cant get help to feed their kids. WHY!!

dbruneau5973 07/22/2010 9:01am

THE VOTE IS COMPLETE!!! The BILL HAS PASSED AND NOW GOES TO PRESIDENT FOR SIGNATURE!! PLEASE GOD HELP THE STATES IMPLEMENT THIS IMMEDIATELY AND PAY US ALL!!!

Abaratarrr 07/22/2010 9:52am
in reply to widget02us Jul 22, 2010 9:29am

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

Melissammm12 07/22/2010 8:37am

I agree with you comments 5647, what about the 99ers. Congress acts as though this group of unemployed Americans are a disease. I myself have received 52 weeks and there isn’t a job even looming in my future. I am in my mid-thirties so I can say I am not experiencing the discrimination the 55+ club are currently dealing with…but there aren’t any jobs that show the slightest bit of interest right now. I have a bachelors degree in business and was making 50k, but now….there isn’t a position in sight. Is this America?

I soon will be joining the 99ers…congress won’t be happy until something drastic happens from the angry mob of people that can no longer feed their children.

We have to vote these people out!!! Ben Nelson wants to know how the bill will be paid for….well why don’t he take a pay cut!!!!! He was quoted as saying unemployment is not an emergency unless we can pay for it. Well be the leader Ben…take a 10% pay cut along with your Republican friends! TRAITOR$$$$$

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.

jkbrink 07/22/2010 8:41am

Bout damn time they starting the FINAL VOTE..

dlharris1189 07/22/2010 2:17pm

MY FELLOW 99ERS!!! Please contact you local news stations!! All you have to do it call…I’ve contact news 8, kvue, and fox 7 in austin and they were not aware of the 99ers situations…they have been broadcasting about the extension yet they did not know how bad the 99ers are suffering…the media is the only way to get Congress’ attenion!!! Please call them and let them know how important it is for us to be heard right now!! WE HAVE 7 DAYS TO MAKE THIS HAPPEN!!!

comments5647 07/22/2010 8:19am
in reply to adrabon Jul 22, 2010 7:46am

As I pack my boxes to move for the 2nd time during this depression, moving because I lost my job! I was actually pulling myself up by my bootstraps with news of the extension this morning putting one foot in front of the other to keep my “chin up” but it is news like this on my coffee break from packing that makes me LIVID!!! Is congress gone mute already?! It seems they have developed a serious case of “not being able to hear again!!!” Thank you for letting me vent. I will finish my coffee and packing… :[

seanurse 07/22/2010 12:15pm
in reply to tah Jul 22, 2010 11:01am

DEAR TAH, I WILL CONTINUE TO TYPE IN ALL CAPS IF I FEEL LIKE IT. IT’S MY RIGHT. UNFORTUNATLY MY COMPUTER KEYS ARE STUCK. SO SORRY IM OFFENDING YOUR UPITITY ASS. WHO DIED AND MADE YOU GOD. I DO KNOW SOMEONE WHO IS STILL GETTING THE EXTRA 25. THE QUESTION WAS IS IT PART OF THE SAME FEDERAL THAT THE REST OF THE TIERS WERE FROM. IF YOU DONT KNOW THE RIGHT ANSWER AND CAN’T GET THERE WITHOUT INSULTING PEOPLE THEN GO TO ANOTHER BLOG. I’VE BEEN HERE SINCE DAY ONE FIGHTING FOR 99ERS EVEN BEFORE THE SENATE STAND OFF. SO HAVE A GREAT BLESSED DAY. YOU REALLY NEED IT !!!!!!!!!!!!!!!!

GodisGreat44 07/22/2010 8:19am
in reply to eavina30 Jul 22, 2010 8:07am

hahahahaha! WE’RE NOT GOING TO TAKE IT!! NO!! :)

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!

bunibuni1964 07/22/2010 8:07am

Exactly……Just because we used our 99 weeks we shouldn’t be hungry any more? We Don’t need to Pay Our Bills? Common Congress, What about us 99 weekers? There still are NO jobs in California where the Unemployment Rate is STILL 12.4% Yet Nothing For Us…….And if you are without Dependants you cant get help from the welfare to help with your bills, though I did pay enough to help all the lazy people who did not want a job, but have 5-20 kids on welfare. No I guess they expect me to survive on 132.00 a month in food stamps. well ok, I will go live under the bridge with all the other homeless while OUR tax dollars go to other countries and to the ILLEGALS that everyone says have “civil rights” Thanx

seanurse 07/22/2010 10:31am

DID EVERYONE READ ABOVE WHERE THE TEA PARTY IS BACKED BY REP. DONT GET SUCKED INTO THE TEA PARTY EITHER. DO YOUR RESEARCH AND REMEMBER NOVEMBER I KNOW ILL REALLY BE CHECKING OUT ALL CANDIDATES COME THIS ELECTION. I HOPE SOME OF THE REP STATES ARE LOOKING HARD FOR REPLACEMENTS AFTER ALL THIS.

understanding 07/22/2010 9:16am
in reply to seanurse Jul 22, 2010 9:12am

Thanks, everyone!!! Thanks Donny Shaw!!

Help for the 99ers!!!

bunibuni1964 07/22/2010 8:31am

So While they debate are they going to call all the bill collectors and explain to them?

GodisGreat44 07/22/2010 8:30am

i can’t stand politics and how they are fighting to be able to give us the money that we need and deserve to SURVIVE only because the two parties disagree where the money should come from. while these two parties fight about where the money comes from, WE’RE LOOSING EVERYTHING! i can’t support my family as a full time college student serving tables. we need this bill to pass so my mom is able to bring in money to pay our rent. we are not asking you to help us pay our bills for the rest of the our lives. we just need help NOW! i feel for the other Americans that are worse off than us and not even able to put food on the table for their children and i’m sending many prayers for you. God will help us get through these hard times and the future can only get better. tons of love!

syfy1985 07/22/2010 8:07am

so like when will the bill for unemployment get to the president to sign and when he does sign how long will it take before we see a check (benefits)? hopfully not long because i would probably lose everything else just like my damn car. hopefully they make this quick and we at least see something in te mail next week r so!

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

Blogger 07/22/2010 8:53am

The problem is not just the politicians, unfortunately, it is our fellow Americans. As I mention last week, don’t ever read the comments on the Huffington Post, because they will make your blood boil. People calling us lazy, entitled, leeches, drug addicts, etc. A lot of people seem to think we’re getting rich while not working. One “compassionate” fellow said, “If you can’t find a job after 99 weeks, you are unemployable and should give up on life”. No one seems to understand there just plain aren’t enough jobs to go around, they think we’re all kickin it on a beach in the Caribbean.

I will never again read a Dickens novel and think, “How could people treat each other like that?”, because we are about to live in Dickensian times yet again. Perhaps Congress should make indentured servitude legal again and be done with it. You know some of them would love to.

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.

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.

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

Chris51 07/22/2010 10:06am
in reply to Abaratarrr Jul 22, 2010 9:52am

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

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