H.R.6867 - Unemployment Compensation Extension Act of 2008

To provide for additional emergency unemployment compensation. view all titles (6)

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  • Official: 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.
  • Short: Unemployment Compensation Extension Act of 2008 as passed house.
  • Short: Unemployment Compensation Extension Act of 2008 as passed senate.
  • Short: Unemployment Compensation Extension Act of 2008 as enacted.

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  • Anonymous 09/16/2008 1:05am
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    + -2

    By Scott Malone and Nichola Groom

    DETROIT (Reuters) – The stunning bankruptcy of Lehman Brothers Holdings Inc (LEH.N: Quote, Profile, Research, Stock Buzz) will further rattle credit markets, making it harder for struggling U.S. carmakers to finance their future and leaving consumers all the more reluctant to spend, top auto-industry executives said on Monday.

    That’s a double blow for Detroit’s three big automakers, who are faced with consumers who cutting back on purchases — and opting for smaller, cheaper more fuel-efficient vehicles when they do buy. That means the carmakers need to find the money to retool their factories away from the trucks and sport-utility vehicles that had been their bread and butter for much of the past decade as well as investing in energy-efficient technologies like lighter materials and new batteries for hybrid electric vehicles.

    http://www.reuters.com/article/Autos08/idUSN1528751720080915

  • Anonymous 09/16/2008 1:07am
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    + -3

    DETROIT (Reuters) – The U.S. and global economies are slowing down and Lehman Brothers Holdings Inc’s (LEH.N: Quote, Profile, Research, Stock Buzz) stunning bankruptcy only contributes to consumer unease, Ford Motor Co (F.N: Quote, Profile, Research, Stock Buzz) Chief Executive Alan Mulally said on Monday.

    “With the credit situation and housing continuing to fall, clearly the industry associated with the automobile is clearly under stress because the consumers are stressed,” Mulally said at the Reuters Autos Summit in Detroit.
    http://www.opencongress.org/bill/110-h6867/show?navtab=comments&comment_sort=newest

  • Anonymous 09/16/2008 1:09am
    Link Reply
    + -3

    Monday, September 15, 2008
    Big Three CEOs to lobby Congress on auto loans
    David Shepardson / Detroit News Washington Bureau
    WASHINGTON — The CEOs of General Motors Corp., Ford Motor Co. and Chrysler LLC will be on Capitol Hill Wednesday, urging members of Congress to support $25 billion in government-issued low-interest loans for the auto industry.

    The Detroit News has learned all three CEOs — GM chairman and CEO Rick Wagoner, Ford President and CEO Alan Mulally and Chrysler chairman and CEO Robert Nardelli — are set to be on Capitol Hill Wednesday, as auto executives worry about the impact of the government’s decision to refuse a bailout for Lehman Brothers.

    http://www.detnews.com/apps/pbcs.dll/article?AID=/20080915/AUTO01/809150435/1148

  • Anonymous 09/16/2008 1:11am
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    + -3

    Monday, September 15, 2008
    Price tag for auto industry loans doubles to $7.5 billion
    David Shepardson / Detroit News Washington Bureau
    WASHINGTON — The cost of funding $25 billion in low-cost government-issued loans to the auto industry doubled to $7.5 billion — a move that could make it more difficult to convince Congress to approve funding before it adjourns later this month.

    http://www.detnews.com/apps/pbcs.dll/article?AID=/20080915/AUTO01/809150426/1148

  • Anonymous 09/16/2008 1:14am
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    + -3

    Thai auto sales drop 13 percent in August
    14 hours ago

    BANGKOK (AFP) — Thailand’s domestic auto sales dropped 13 percent in August from one year earlier as the slowing economy kept buyers away, the industry said Monday.

    Toyota Motors Thailand said the fall, to 47,130 vehicles, would likely have been worse had the price of diesel oil not decreased.

    “Sales fell 13 percent because commercial car buying dropped by 25.7 percent, due to the slowdown of overall economic growth,” the company said in a statement.

    The sale of one-tonne pick up trucks also decreased 28.6 percent last month, it said.

    http://afp.google.com/article/ALeqM5iLodWvc2ARgxtQ9hvBqoJk8antew

  • Anonymous 09/16/2008 1:16am
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    + -2

    U.S. stimulus package urged
    Pointing to the latest turmoil on Wall Street, U.S. Sen. Carl Levin, D-Detroit, and Michigan Gov. Jennifer Granholm called on Congress on Monday to pass an economic stimulus bill to pump money into states through extended unemployment benefits, expanded heating and Medicaid assistance for the poor and more road construction jobs. – 1:32 am

    http://www.detnews.com/apps/pbcs.dll/frontpage

  • Anonymous 09/16/2008 1:18am

    Tuesday, September 16, 2008
    U.S. stimulus package urged
    Granholm, Levin back extending jobless benefits, boosting Medicaid funding.
    Deb Price / The Detroit News Washington Bureau
    WASHINGTON — Pointing to the latest turmoil on Wall Street, U.S. Sen. Carl Levin, D-Detroit, and Michigan Gov. Jennifer Granholm called on Congress on Monday to pass an economic stimulus bill to pump money into states through extended unemployment benefits, expanded heating and Medicaid assistance for the poor and more road construction jobs.

    “We must have an economic stimulus package,” Levin said. “We are in the midst of a very deep economic ditch. … We clearly desperately need this in Michigan.”

    Democrats in Congress haven’t yet unveiled details of what their proposed stimulus for the economy would look like.

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    But Levin and other Democrats indicated it likely would total about $50 billion, might include government-issued low-interest loans for the domestic auto industry and could be taken up as early as the end of this week or next week.

    But White House press secretary Dana Perino reiterated President Bush’s opposition to the Democrats’ approach.

    “What we want is a stimulus bill that would actually be stimulus, and that doesn’t necessarily mean it has to come in the form of a ‘stimulus two’ package,” Perino said.

    “It could come in the form of energy legislation, and that’s what we will be focusing on.”

    The clash between congressional Democrats and the White House comes as the nation heads toward the presidential election in seven weeks and Democrats try to expand their control of Congress.

    Michigan’s Republicans in Congress signaled through aides Monday that they are awaiting details before announcing whether they’ll stick with the president, or break loose, on the Democratic-pushed stimulus bill.

    In a call with reporters, Granholm said, “This is the time for the federal government to step in and help citizens. … We’ve seen them step in to bail out or to help out Wall Street. Now they need to step in and help out Main Street.”

    The push comes as the nation’s jobless rate is at 6.1 percent and the housing and financial markets are badly shaken. Michigan’s jobless rate is 8.5 percent, the highest in the country.

    Last week, House Ways and Means Committee Chairman Charles Rangel, D-N.Y., introduced legislation to extend unemployment benefits by seven weeks for all states — plus, on top of that, 13 weeks for states with jobless rates of at least 6 percent.

    Some version of Rangel’s proposal is expected in the stimulus bill.

    The state unemployment office estimates that 157,000 in Michigan could benefit from a new extension of jobless benefits.

    The president signed a bill that included a 13-week extension of jobless benefits June 30.

    Sheri Justin, an unemployed grocery clerk from Garden City, said she wants Congress to pass another extension.

    “I only have five weeks left of (extended unemployment) benefits,” said Justin, explaining she faces medical bills and rent.

    “It’s not looking good for me finding a job. There are no jobs around.”

    But Brian Riedl, a federal budget analyst at the Heritage Foundation, a conservative think tank in Washington, D.C., said, “This second stimulus has more to do with making Congress look active before an election than actually stimulating the economy.”

    You can reach Deb Price at dprice@detnews.com or (202) 662-8736.

    http://www.detnews.com/apps/pbcs.dll/article?AID=/20080916/POLITICS/809160352

  • Anonymous 09/16/2008 1:32am

    Monday, September 15, 2008
    Dems seek more federal aid for Michigan
    Deb Price / The Detroit News
    WASHINGTON — Sen. Carl Levin, D-Detroit, and Michigan Gov. Jennifer Granholm called for an economic stimulus bill on Monday that would pump money into states through extended unemployment benefits, additional heating assistance for the poor and added funding for road repair and rising Medicaid enrollment.

    “We must have an economic stimulus package,” Levin said.

    “We are in the midst of a very deep economic ditch. … We clearly desperately need this in Michigan.”

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    Details of Senate and House Democrats’ idea for a second economic stimulus package — perhaps totaling $50 billion — haven’t been unveiled. But Levin said it might include low-interest government-issued loans for domestic automakers to help them re-tool plants to make more energy-efficient vehicles.

    “The latest news about the national economy is so utterly grim,” Granholm said. “These financial institutions in meltdown, the gas crisis, the mortgage crisis and of course in Michigan, the crisis that our auto industry and our manufacturing industry have been experiencing under this president.”

    Granholm added, “This is the time for the federal government to step in and help citizens. … We’ve seen them step in to bail out or to help out Wall Street. Now they need to step in and help out Main Street.”

    House Speaker Nancy Pelosi is expected to disclose details of a House stimulus bill as early as Tuesday, which the full House could vote on this week.

    Levin said Republican senators may join to help pass the bill, but the proposal for a second stimulus has thus far met a chilly reception at the White House.

    The push comes as the nation’s jobless rate hit 6.1 percent and the housing and financial markets are shaky.

    Michigan’s jobless rate is the highest in the country: 8.5 percent.

    The calls for additional stimulus for the economy also come as the nation heads toward electing a new president. That was reflected in the conference call with reporters, which only included Democratic senators and Granholm, who is also a Democrat, underscoring the charged partisan atmosphere the stimulus bill faces.

    Those partisan overtones were expressed in the conference call. Levin said for example that 3.5 million manufacturing jobs have been lost under Bush, including 300,000 in Michigan, while Bush was “falling asleep at the wheel,” and that Republican presidential nominee John McCain would approach the economy with similar policies.

    Last week, House Ways and Means Committee Charles Rangel introduced legislation to extend unemployment benefits an additional seven weeks for all states, plus on top of that 13 weeks for states with jobless rates of at least 6 percent.

    Some version of that proposal is likely to be included in the overall economic stimulus bill.

    You can reach Deb Price at dprice@detnews.com or (202) 662-8736.

  • Anonymous 09/16/2008 1:36am
    Link Reply
    + -2

    Ive got to go to the Doc and cant, I owe them to much money now, and if I go to the Hospital, all that will go on my credit report in the amount of thousands of dollars.

  • Anonymous 09/16/2008 1:44am

    Energy bills heating up in Congress
    Laws setting offshore drilling parameters and the extension of tax credits for renewable energy are expected to be introduced on Capitol Hill this week.
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    See all CNNMoney.com RSS FEEDS (close) By David Goldman, CNNMoney.com staff writer
    Last Updated: September 15, 2008: 8:31 PM EDT

    McCain’s energy plan

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    NEW YORK (CNNMoney.com) — Congress will attempt to pass a key energy bill this week, testing its ability to deliver on a promise of action on oil as the Sept. 26 deadline edges closer.

    Democrats and Republicans are both eager to pass a bill in an election year and in the wake of two major hurricanes that raised gas prices after shuttering production in the Gulf of Mexico. But with plans to go back to the campaign trail in two weeks, lawmakers will have to act fast to get a meaningful piece of legislation to the president’s desk.

    “It won’t be easy, but it no longer seems impossible to move energy legislation,” said Christine Tezak, senior vice president of energy policy research at the Stanford Group. “Action will yield better election results for both parties.”

    House plan
    No formal schedule for votes in both chambers exists as of yet, but analysts believe the House could vote on a proposal as early as Tuesday.

    In the House, a move to repeal the bans on offshore drilling off the Atlantic and Pacific coasts has gained steam. Speaker Nancy Pelosi, D-Calif., last week cautioned Democrats still on the sidelines on a drilling bill that they must support a compromise legislation.

    She said she lacks the votes to extend the current 200-mile bans on offshore drilling leases when they come up for renewal at the end of the year. As a result, unless a compromise bill that allows drilling and reduces the bans to 50-miles offshore is reached, Pelosi said the bans would not be renewed, and areas as close as three miles off shore would be open to drillers.

    Pelosi’s bill, which has not yet been formally introduced, would allow drilling 100 miles off the Atlantic and Pacific coasts. Companies could drill as close as 50 miles off the shore if the states agree to it, though the ban on leasing 125 miles off of Florida’s western coast would remain.

  • Anonymous 09/16/2008 1:48am
    Link Reply
    + -3

    OOT should have practiced what he she preached, I listened to his sermons and it helped me. LOL law of attraction- “That which is like itself is drawn.”

  • Anonymous 09/16/2008 1:49am

    August foreclosures hit another record high
    There were 304,000 homes in some stage of default last month, and 91,000 families lost their homes.
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    See all CNNMoney.com RSS FEEDS (close) By Les Christie, CNNMoney.com staff writer
    Last Updated: September 12, 2008: 9:51 AM EDT

    Another stimulus package?

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    NEW YORK (CNNMoney.com) — Foreclosures hit another record high in August: 304,000 homes were in default and 91,000 families lost their houses.

  • Anonymous 09/16/2008 1:53am
    Link Reply
    + -2

    I live in a town in Mi. of maybe 2000 people in the summer( the town has a lake) The state has been working all summer on the streets , widening them putting fancy street lights up and faux red brick sidewalks. I see the state is crying for money for their roads??? Shame on them , they are nothing but thieves. They could give a shit less about their own citizens living out of food banks. Let me add they had at least a dozen state workers over seeing the project here, it has been going on for 5 months and these state employees are making 30.00 and that is just straight time. Cry me a dam river Levin and Grandmole ;(

  • Anonymous 09/16/2008 1:57am
    Link Reply
    + -2

    Carl Levin, Candance Miller , etc are running for re election , where the hell were they 2 years ago? If they care and worry so much about Mi. where is the state funded extension? Bull Shit I say!!

  • Anonymous 09/16/2008 2:28am
    Link Reply
    + -2

    I hope the elderly and poor don’t freeze to death this winter, the government needs to get some heating stimulous out to them, not joking folks. I know someone in the northeast that just got his propane tank filled by half, 500 lb tank it cost 600.00 unreal

  • Anonymous 09/16/2008 2:51am
    Link Reply
    + -2

    the people of the state of michigan need to ride our state workers for a 13 week extension

  • Anonymous 09/16/2008 4:14am
    Link Reply
    + -2

    I am wondering if this bill will pass before the current 13 wks runs out, which is in just a couple weeks. I ran thru all my savings waiting for this extension, I have nothing left to fall back on. My husband and I are both on unemployment right now, we live in Illinois and there just aren’t any jobs available right now. The only bright side of this is I am losing weight because I am so worried about the future and how I will support my children! Does anyone know when/if this bill be will voted on? I see it is still in the ways/means committee.

  • Anonymous 09/16/2008 4:20am
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    + -2

    They haven’t even mentioned a state extension in Michigan, they cry poverty so the Feds will pick up the bill for the state. I think alot of these states could cover a 13 week extension but are sucking money from the Feds so they can pocket the state money and spend on foolishness.

  • Anonymous 09/16/2008 4:27am
    Link Reply
    + -2

    No vote yet not even scheduled yet thats why we need to call our representatives especially the Republicans and Boehner and McConnell.

  • Anonymous 09/16/2008 5:09am
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    + -2

    It seems to me they are going through the exact same thing , bickering, putting all kinds of BS in the bill , when will they think about the poor unemployed with families living in their vehicles and shelters, What part of this don’t they understand. I don’t get it..

  • Anonymous 09/16/2008 5:12am
    Link Reply
    + -2

    These senators, congress in high unemployed states that are up for re election are shitting their pants trying to get this second stimulous pasted, a little to late, I believe.

  • Anonymous 09/16/2008 5:21am
    Link Reply
    + -1

    Well, from past experience, I think we are in for a long wait. How long did it take last time? 6 months? I feel very hopeless right now! My benefit year runs out in October, I am counting on being able to refile like my husband did, or getting one of the hundreds of jobs I applied for!

  • Anonymous 09/16/2008 5:27am
    Link Reply
    + -1

    anyone from pennsylvania here?? i am just wondering about the 2nd extension. if i filed in nov 07, collected the original 26 weeks, then the 13 week extension, will i have to refile, or will a new extension be added to my original claim? i had higher quarters on that claim, and by filing a new claim, most of my quarter will be unemployment.

  • Anonymous 09/16/2008 5:44am
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    + -2

    How long will it take? The DO NOTHING CONGRESS is do for another long break aren’t they?

  • Anonymous 09/16/2008 6:05am
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    + -2

    GASOLINE AT $5.00 A GALLON AND RISING AND THE DEMOCRATS AND RREPUBLICANS ARE IN A BITTER FIGHT OVER WHEN TO DRILL, WHAT TO DRILL AND WHERE TO DRILL AND NO BILL PASSED ON ENERGY. DO ACTUALLY THINK THEY WILL GET ANYWHERE WITH A 2ND STIMULOUS?? I PRAY TO GOD THIS COUNTRY BEGINS TO WORK AS ONE!

  • Anonymous 09/16/2008 6:09am

    No they will pass something look what is happening on Wall St. The damn has already broken. I don’t think the Republicans expected this to happen so fast.

    I have told you all for a year how bad the economic conditions were going to get. They will pass something and the Republicans will be generous this time. This economic news has effectively derailed the McCain campaign after running on the continuation of these policies.

    Now he is for change all of a sudden. He is a proven liar now is all and even Karl Rove says he has gone too far with lying and misrepresenting facts. When that guy walks away look out there are problems. So we will get another extension soon I believe but I am just worried about the economy of the country. I have never seen it like this and a lot of other people have not either. Every industry is looking for the Gov. to bail them out. Its not good.

    Use your money wisely. This will be the worst Christmas on record for most Americans and there is no end in sight to job loss and downturn. The entire middle of the country is a disaster area with flooding and IKE damage.

    It is all coming apart at the seams but we will get the extension or the entire country will topple and the Congress knows it. This is red alert time. Danger Danger……….

  • Comm_reply
    Anonymous 09/16/2008 9:41am
    Link Reply
    + -2

    Rove also said, in the same quote, that the democrats have done the same but the Liberal media fails to mention that.

  • Comm_reply
    Anonymous 09/16/2008 12:21pm
    Link Reply
    + -2

    Wake up. Liberal Media? Try Corporate Media. You get sold a bill of goods every news cast and don’t even know it I guess.


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