Even as the economy slowly recovers and new jobs are created, millions of the hardest hit unemployed continue to be left behind. In April, the number of unemployed workers who have been without a job for more than two years increased by 21,000 to 14.5% of all unemployed. As Lauren Victoria Burke reported recently following a meeting between Barack Obama and the Congressional Black Caucus, the very-long-term unemployed are being shut out of the conversation because their growing numbers contradict the economic picture the President is trying to paint:Read Full Article Comments (6)
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In an exchange during their meeting last Wednesday with the President, CBC Chair Emanuel Cleaver called the cost of the 99ers bill (H.R. 589 sponsored by Rep. Barbara Lee of California) “prohibitive.”
In Rep. Cleaver’s words: “It was what I expected because my staff had done a lot of research on it. And we found that the cost of that program would be between $14 and 20 billion dollars which is cost prohibitive.
Hot on the heels of Rep. Sheila Jackson-Lee's [D, TX-18] statement Thursday on the House floor that an extension of unemployment insurance for 99ers should be added to Obama's tax deal, the Congressional Black Caucus has announced that adding 99ers relief is essential for winning the support of their members. "The CBC has reached a consensus on three areas that we believe we can unite behind, Rep. Bobby Scott [D, VA-3] said at a press conference on Friday. "First, we support the 13-month extension of unemployment insurance benefits, but we all agree that we also ought to extend benefits for the so called 99ers -- those who are exhausting the benefits they have."Read Full Article Comments (13)