S.3507 - Unemployment Compensation Extension Act of 2008

A bill to provide for additional emergency unemployment compensation. view all titles (3)

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  • Official: A bill to provide for additional emergency unemployment compensation. as introduced.
  • Popular: Unemployment Compensation Extension Act of 2008 as introduced.
  • Short: Unemployment Compensation Extension Act of 2008 as introduced.

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Displaying 301-330 of 573 total comments.

  • Anonymous 09/23/2008 11:32am
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    “He said Democratic leaders are working with the White House not only on the length of the stopgap bill but also on its contents — specifically the additional funding lawmakers want to attach for disaster aid, energy assistance, food stamps, unemployment insurance, infrastructure spending and other priorities.”

    THAT’S what it has to do with unemployment.

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  • Anonymous 09/23/2008 12:03pm

    Politico – The Crypt
    September 23, 2008
    Categories: Housing crisis

    Members ready to stay into October to work on bailout

    Members of the House and Senate are acknowldedging today that Congress may need to stay in session next week to finish the bailout proposal currently being debated. “It’ll be very hard to construct the kind of legislation that we will have a consensus on by Friday,” said Sen. Byron Dorgan (D-N.D.).

    Rep. Jane Harman (D-Calif.) wants to stick around. “I am recommending that Congress postpone its planned recess. We should stay here until we find the right answer to this problem,” she said.

    “If it takes two or three weeks, that’s okay,” said Sen. Sherrod Brown (D-Ohio).

    And his Ohio colleague, Republican Sen. George Voinovich, says Congress should stay in session as long as it takes. “Are we going to let the stock market going up and down determine what we do?” Voinovich said. “We need a whole lot more time with this to figure out what it’s all about.”

    Martin Kady II contributed to (actually, did most of) this post.

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  • Anonymous 09/23/2008 2:07pm

    Democrats to let offshore drilling ban expire By ANDREW TAYLOR, Associated Press Writer
    3 minutes ago

    WASHINGTON – Democrats have decided to allow a quarter-century ban on drilling for oil off the Atlantic and Pacific coasts to expire next week, conceding defeat in an months-long battle with the White House and Republicans set off by $4 a gallon gasoline prices this summer.

    Appropriations Committee Chairman David Obey, D-Wis., told reporters Tuesday that a provision continuing the moratorium will be dropped this year from a stopgap spending bill to keep the government running after Congress recesses for the election.

    Republicans have made lifting the ban a key campaign issue after gasoline prices spiked this summer and public opinion turned in favor of more drilling. President Bush lifted an executive ban on offshore drilling in July.

    “If true, this capitulation by Democrats following months of Republican pressure is a big victory for Americans struggling with record gasoline prices,” said House GOP leader John Boehner of Ohio.

    Democrats had clung to the hope of only a partial repeal of the drilling moratorium, but the White House had promised a veto, Obey said.

    Just last week, the House passed legislation to open waters off the Atlantic and Pacific coasts to oil and gas drilling but only 50 or more miles out to sea and only if a state agrees to energy development off its shore.

    Republicans called that effort a sham that would have left almost 90 percent of offshore reserves effectively off-limits.

    The Interior Department estimates there are 18 billion barrels of recoverable oil beneath coastal waters now off-limits.

    While the ban on energy development will be lifted if the Senate goes along with the House action, it doesn’t mean any federal sale of oil and gas leases in the offshore waters — much less actual drilling — would be imminent.

    The Interior Department’s current five-year leasing plan includes potential leases off the Virginia coast but probably would not be pursued unless the state agrees to energy development. And the state is unlikely to do so without Congress agreeing to share federal royalties with the state.

    The congressional battle over offshore drilling is far from over. Democrats are expected to press for broader energy legislation, probably next year, that would put limits on any drilling off most of the Atlantic and Pacific coasts. Republicans, meanwhile, are likely to fight any resumption of the drilling bans that have been in place since 1981.

    “The future resolution of offshore drilling will have to be addressed with a new president,” Drew Hamill, spokesman for House Speaker Nancy Pelosi said in a statement.

    Lifting the drilling ban gives considerable momentum to the underlying bill, which includes the Pentagon budget, $24 billion in aid for flood and hurricane victims and $25 billion in loans for Detroit automakers in addition to keeping the government open past the Oct. 1 start of the 2009 budget year.

    But Democrats decided not to use the must-pass measure as a battering ram to carry an extension of unemployment benefits for the long-term jobless past White House veto promises, prompting grumbling among some lawmakers. Efforts to boost food stamps and give states billions of dollars to help with Medicaid bills also fell through.

    But the measure would double, to $5.2 billion, funding for heating subsidies for the poor, Obey said.

    Obey said he hoped the stopgap bill would pass the House on Wednesday.

  • Anonymous 09/23/2008 2:18pm

    TheHill.com
    Leading The News

    Reid: McCain to support bailout
    By Alexander Bolton
    Posted: 09/23/08 06:49 PM [ET]

    Republican presidential nominee John McCain will support a proposed $700 billion bailout of the financial markets, Senate Majority Leader Harry Reid (D-Nev.) announced Tuesday evening.

    Sen. McCain’s (Ariz.) support of the package had been uncertain as a growing number of Republicans criticized it harshly.

    Reid specifically challenged McCain on Tuesday to take a position on the bailout package.

    “I got some good news in the last hour or so … it appears that Sen. McCain is going to come out for this,” Reid announced.

    The McCain campaign did not immediately respond to a request for comment.

    Former Speaker of the House Newt Gingrich (R-Ga.) said earlier in the day that any lawmaker who votes for the Bush administration’s bailout package would face defeat in November.

    Sen. Richard Shelby (Ala.), the ranking Republican on the Banking Committee, also criticized the package.

    Shelby told Treasury Secretary Henry Paulson on Tuesday morning that “what troubles me the most is that we have been given no credible assurances that this plan will work.”

    The crescendo of Republican complaints prompted fears among Democrats that the package may not have enough GOP support to pass.

    Democratic presidential nominee Barack Obama on Tuesday said he would only support a bailout of the financial markets if it provides the necessary oversight and protects taxpayers.

    Reid also told Senate colleagues that he expects soon to take up a continuing resolution funding the government beyond the end of fiscal 2008, as well as an economic stimulus package in the next few days.

    Reid said the House would soon pass both measures and send them to the upper chamber.

    Reid said Congress would likely pass the defense appropriations bill as part of the continuing resolution (CR).

    “The latest word I got is the defense appropriations bill is going to be in the CR, and that is extremely important if that’s the case.”

    Reid also pledged to pass the defense authorization conference report before Congress adjourned.

    “We got good news today: The defense authorization conference report has been completed, and we’re going to finish that before we leave,” he said.

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  • Anonymous 09/23/2008 3:56pm
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    + -1

    I think it sure helps. If they think people in their districts and states are watching them they will have to do something to get re elected. bottom line.

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  • Anonymous 09/23/2008 4:02pm
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    + -1

    Threats are flying if the bail out bill doesn’t get passed soon ,,, ((recession)) no shit we’ve been in a recession for over a year now, where the hell have they been.

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  • MMM 09/23/2008 4:15pm
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    + -1

    I can’t imagine the UE not being passed before recess, Can u imagine the impact that would have on the Xmas shopping season,the retailers depend on us to spend money during the holidays. The Dems nor the Repubs are that dumb, Stupid maybe but not dumb!They also realize that ppl are fed up! don’t for 1 second think they don’t consider the posibility of a good old fashion revolt !!!

  • Anonymous 09/23/2008 4:43pm

    My boyfriend was offered early retirement from the PO a few weeks ago. How bad can it get? “Going” to have a recession??? Like Anon said….We’ve BEEN in a recession for over a year! I DARE the govt to use realistic GDP numbers; real numbers.

  • Anonymous 09/23/2008 4:45pm
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    + -1

    Hey Paulsen and Bernake: will you buy MY bad debts so I can clean up my books? I’m presently rated “junk” too.

  • Anonymous 09/23/2008 4:46pm
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    + -1

    Bernake=Bernanke

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    Anonymous 09/23/2008 10:28pm
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    that would destroy the economy and the dollar, a loaf of bread would cost over a thousand dollars, gas would be 2000 dollars a gallon. Can you imagine paying over $30,000 to fill up your car with gas, that is what would happen. Zimbabwe did some thing similar and now a loaf of bread cost over 10 million dollars, sadly we are following in their footsteps.

    This wall street bailout is going to weaken the dollar and make everything cost more money.

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