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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.

Abaratarrr 07/23/2010 9:30am
in reply to MelinFlorida Jul 23, 2010 4:44am

An executive order issued today by Gov. Charlie Crist will prevent thousands of Floridians from a delay in receiving unemployment compensation.

http://www.naplesnews.com/news/2010/jul/23/gov-crist-signs-order-extending-floridas-unemploym/

MelinFlorida 07/23/2010 4:44am

OT it is not over for people in Florida we are all considered 99er even if we are84er. It makes me sick to see a balance on my account and know I am not getting it. I was a State Employee, with a Disabled husband and 2 girls, I have lost my car been evicted an because of some BS i am unable to get my EB. not right to get our hopes up and then smack us in the face…..

Abaratarrr 07/23/2010 2:13am
in reply to dlharris1189 Jul 22, 2010 4:00pm

you can learn more about the reptilian agenda here

http://www.msnbc.msn.com/?id=11881780&q=reptilian%20agenda&p=1&st=1&sm=user

Abaratarrr 07/23/2010 1:10am
in reply to dlharris1189 Jul 22, 2010 4:00pm

dlharris1189,
I agree, but its not because he is black it is because he is not a reptile, Bush, Cheney the prime minister of England the Queen of England and almost all the white politicians are descendants of reptilian aliens that have infiltrated the leadership positions of earths top governments so they can take over the world, they do not like oboma because he is not a reptile but they disguise their dislike of non reptiles as racism.

do some research on the “reptilian agenda”

supernova 07/22/2010 7:13pm

Looks like President Obama signed HR 4213 into law. Congratulations to all of us!!!

http://news.spreadit.org/unemployment-extension-bill-voted-obama-signs-unemployment-benefits-bill/

Chris51 07/22/2010 6:53pm
in reply to Drewbot78 Jul 22, 2010 3:49pm

Here is some great information many people are not hearing.

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

Ed Show FIRED UP!

jpocalips1 07/22/2010 6:38pm

I’m confused as hell, I live in Ca. My regular UI claim was for 26 weeks, my 1st. tier was 20 weeks, my 2nd. tier was 14 weeks, my 3rd. tier was 13 weeks, and my 4th. was 6 weeks. Now that adds up to 76 weeks, so my question is when this bill is signed by the President, will I still qualify for an another 20 weeks on Fed-Ed ? California has a 12.3 unemployment rate, went to the Ca. Edd web site and now I’m more confused then ever.I thought your could have a max benefit of 99 weeks, with the 4 tiers and the Fed-Ed extension, now I’m not so sure.

Kerlynne 07/22/2010 6:23pm
in reply to Blogger Jul 22, 2010 10:18am

I ain’t livin no high life. I have enough to keep water , electrity and rent. I can buy some food and allow internet so I can look for a job. I sell things and clean houses for gas money and food for my dogs. “living” on unemployment ain’t " living" it is exsiting.

Kerlynne 07/22/2010 6:20pm
in reply to seanurse Jul 22, 2010 10:49am

It is the stimulus that they gave us last Feburay (?) I think.

Kerlynne 07/22/2010 6:19pm
in reply to SASSYASAMERICAN Jul 22, 2010 11:13am

Sassyamerican>>> in my state (WA) they are saying that payment will be good till May 2011. To me it would make sense that it would stop in November. And yeah… it is going to happen allll over again in November. WE can’t wait around. We need to organize and make our voices heard. Tier 5, make the bill last for a year, give us our weekly stimulus back.

Kerlynne 07/22/2010 6:16pm
in reply to seanurse Jul 22, 2010 12:15pm

SEANURSE>>> IF YOU WERE ON AN EXTENSION BY THE STATE OR REGULAR UNEMPLOYMENT YOU WILL CONTINUE TO GET THE EXTRA $25 A WEEK TILL IT IS DONE. THIS BILL THAT WAS PASSED TOOK AWAY THAT $25 A WEEK PLUS COBRA RIGHTS AND FEW OTHER THINGS. NOW WE NEED TO ATTACH THE TIER 5 AND MAKE IT FOR AT LEAST 20 WEEKS AND GET OUR STIUMULUS BACK!!!

Kerlynne 07/22/2010 6:11pm
in reply to shyningglory28 Jul 22, 2010 1:45pm

YES. Some uninformed intern printed that up.

ExGOP 07/22/2010 4:42pm
in reply to mom2304 Jul 22, 2010 1:57pm

Why 7 days dlharris1189?

2tickedoff 07/22/2010 4:26pm
in reply to mkjking Jul 22, 2010 11:06am

the bill was signed by Obama @ 3:15 pm. cst per CNN

dlharris1189 07/22/2010 4:00pm

Our government is nothing but a giant corporation sponsored by Wallstreet….then again the racist GOP do not want this country to have a successful black president, therefore they are puttin this bullcrap hysteria around about the same deficit they didnt give a crap about when the BIG BANKS were failing!! They want to make Obama look bad so they can turn around and say America isnt ready for a black president….they need to suck their pride up and write the freakin same checks that didnt mean shit a couple of months ago!!!!

dlharris1189 07/22/2010 3:55pm

THE WASHINGTON POST:

“I haven’t heard anybody say we shouldn’t be extending unemployment benefits. The difference is one side wants to borrow 34 cents on the dollar, mainly from the Chinese, and send the bill to our children and our grandchildren,” Rep. Jeb Hensarling (R-Tex.) said during debate in the House on Thursday.

Democrats argued that emergency benefits have never been paid for — even during the Reagan administration — and accused Republicans of trying to undermine public faith in the Obama administration.

“They’ll say it’s because of the deficit. But in reality, they’re simply trying to make this president fail at any cost,” said Rep. Jim McDermott (D-Wash.), who accused the GOP of trying to “infect” voters with “fiscal fear.”

http://www.washingtonpost.com/wp-dyn/content/article/2010/07/22/AR2010072203825.html?hpid=topnews

Drewbot78 07/22/2010 3:49pm

It is time for you people to wake up to why this is all really happening. THE FEDERAL RESERVE IS NOT A GOVERNMENT AGENCY! It is a privately owned and controlled, for profit, corporation. The Fed LENDS our money to our government AT INTEREST. Our government has the constitutional right and obligation to print America’s money itself and therefore it would be created DEBT FREE if they would just do it.

I highly recommend you all take time out of your schedules to learn about the most important issue facing our country and most of the rest of the world. Almost ALL of the central banks of the world, including the IMF, are private, for profit companies that LEND money to governments AT INTEREST. Here is a VERY good video about this subject being hosted on youtube. PLEASE, for the sake of our country and world, take time to watch it and learn. It is the most important history lesson our schools never taught us.

http://www.youtube.com/watch?v=Iv-ZCj1_HHI

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.

adrabon 07/22/2010 2:36pm

Everyone dont give up You can PUSH through this.

P.U.S.H= Pray Untill Something Happens

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!!!

mom2304 07/22/2010 1:57pm

Thank you Jesus that this has finally been passed & from how it looks already signed! I must be honest though & say that until I actually receive money I am worried that Louisiana UI will find some way around paying benefits even though I have only completed Tier 2. They haven’t updated there website in 2 days. What a suprise!WellmaybeI’m being a little impatient. Anyway I will push on & do my best to keep the faith knowing that when I am weak He is strong.

shyningglory28 07/22/2010 1:45pm

I have a question if someone could answer it. The following is posted by AZUI on the arizona unemployment website " The U.S. Congress has passed and the President has signed legislation that will extend the Emergency Unemployment Compensation (EUC) and Extended Benefit (EB) programs. As soon as DES receives information on when the new law will be effective, we will begin working on restarting these programs. Continue to file your weekly claims" umm doesnt the law become effective the second the president signs it??

edny 07/22/2010 1:33pm

Congress Passes and President Signs Unemployment Extension (Updated for the week of July 19, 2010)
Legislation was approved by Congress on July 22, 2010 extending eligibility deadlines for benefit extensions to November 28, 2010. Please continue to claim weekly benefits in the usual manner, unless you have received instructions to file a new claim. Claimants whose benefits had stopped because they were not able to begin receiving EUC by the week ending June 6, 2010, or were not able to move to a new Tier of EUC or collect Extended Benefits starting on the week ending June 13, 2010, will receive payment in their account by the middle of next week for back weeks claimed. 

Brooklyyn 07/22/2010 1:22pm

And, I will REMEMBER in NOVEMBER!:-)

honeyrayne 07/22/2010 1:17pm
in reply to seanurse Jul 22, 2010 12:15pm

U tell her seanurse!! people shouldn’t b on here critiquing one another’s grammar, we should b discussing the issues at hand.

honeyrayne 07/22/2010 1:17pm
in reply to seanurse Jul 22, 2010 12:15pm

U tell her seanurse!! people shouldn’t b on here critiquing one another’s grammar, we should b discussing the issues at hand.

Brooklyyn 07/22/2010 12:56pm

By the way, I have signed the petition to approve a Tier 5 for the 99’ers & I am still emailing my local State Representatives & Senators as well as all of them across the board in Congress to approve a long term unemployment extension beyond November, to create a Tier 5, to stop outsourcing, & to create more jobs for us that will pay comfortably, so we don’t have to keep suffering & struggling like we are now bc most importantly, we DESERVE it! I will continue praying for all of us & our current unfortunate situations. Stay strong, keep your head held high & continue to let your voice be heard! We will prevail! Love to all. Brooke:)

Do not go where the path may lead, go instead where there is no path and leave a trail. -Ralph Waldo Emerson

Do not go where the path may lead, go instead where there is no path and leave a trail. -Ralph Waldo Emerson

Brooklyyn 07/22/2010 12:49pm

Hi everyone! Does anyone know how long it will take the state of Alabama to directly deposit the money into my bank account? I’m still claiming every week online & mailed in the document showing I’m looking for work every month regarding the HEB Program(High Extended Benefits). I know the Bill has passed finally & we’re just waiting on the President to sign it into law & I’m absolutely thrilled. I hope & pray it only takes a couple of days to send out Alabama’s retroactive payments into our bank accounts & onto our debit cards. If anyone knows anything regarding the system in Alabama or has any information about when we will get our money, I would greatly appreciate it & many thanks in advance. Brooke:)

stilltaxpayer 07/22/2010 12:36pm
in reply to mkjking Jul 22, 2010 11:06am

he signed it at 5:15 pm according to USA Today :)

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 !!!!!!!!!!!!!!!!

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