The June 15, 2010 Senate Unemployment Benefits Extension vote will determine the fate of many jobless Americans. The bill is in the hands of the Senate. That unfortunately means many jobless Americans will be watching closely as the Senate tries to reach a decision on a vote that could provide an unemployment benefits extension to nearly 1 million workers who have exhausted their benefits. That’s if the Senate even votes on the 2010 Unemployment Benefits Extension on Tuesday. Here it is June 14, 2010 and the Unemployment Benefits for many have been exhausted for nearly a week and a half now.
Why is the June 15, 2010 Unemployment Benefits Extension vote huge? Approximately 300,000 reached the end of their benefits last week and could not go to an additional Tier 1, Tier 2, Tier 3 or Tier 4 of the Unemployment Benefits Extension. Those 300,000 people did without a check last week and are wondering where their next source of income might come from. Today on June 14, 2010 there are now about 1 million people who have failed to move on to a different Tier of the Unemployment Benefits Extension thanks to the slow work(if we can call it that) of the United States Senate.
The House has already passed a bill that would extend the unemployment benefits. Now the bill is in the hands of our United States Senators. The Senate has stalled for several weeks(part of that due to a 10 day vacation) on making a decision or providing a vote on the issue. Now finally it looks like June 15, 2010 could be the answer many jobless Americans are hoping for on their Unemployment Benefits Extension. Unfortunately, it could also be the answer that nearly 1 million people will not want to hear either. A Senate vote of no would leave those 1 million people without any immediate income and the prospects of finding a job in market where there are a reported 5 applicants for every one job.
The number of unemployed seeking benefits will continue to grow to a disastrous amount if the Senate fails to vote yes to the unemployment benefits extension on June 15, 2010. That’s why this day will be huge for many jobless Americans who are by now very frustrated that the unemployment benefits extension would be sacrificed in lieu of the increasing national debt.
Can you imagine 1 million people losing income completely? We aren’t simply talking about 1 million people who will be without benefits come June 15, 2010 if the Senate vote is no. We are talking about the average household of 4 or 4.5 people who will be suffering because of perhaps just one income being generated. That means the number just this week will be in the neighborhood of 4 million people who are suffering because the Senate doesn’t pass this bill? If you put those numbers on paper and do the math-it’s kind of far-fetched there would be any delay by the United States Senate to pass the bill. Yet, here were are waiting for an answer when we need it most.
The number of those without benefits will continue to increase because the job market isn’t going to be fixed in the short term. It takes time for the job market to improve and the numbers and statistics aren’t reflecting a job market that has turned around yet. If anyone has those numbers to dispute that-please send me an email.
I haven’t seen them. Times are still tough. Until the tough times slow down a little-shouldn’t this be deemed an emergency and fall under the category of emergency spending?
It just doesn’t make sense. I believe passing the 2010 Unemployment Benefits Extension is the only answer for the current dilemma. Some Democrats are apparently backing off the possible extension because of the deficit. I have news for them and all of the skeptics of this passage-the deficit will still be there on June 16, 2010 whether they decide to pass or deny the 2010 Unemployment Benefits Extension.
Does this mean the United States Senators are lacking complete empathy toward the jobless Americans? I wouldn’t go as far to say that. There are a great number of Senators who believe passing the 2010 Unemployment Benefits Extension is a good idea. Unfortunately, the vote needs 60 of the 100 Senators to vote yes if the vote does take place tomorrow.
There is heavy Republican opposition to the bill that would help so many. Even some Democrats are now wondering and speculating that the passage of this unemployment extension might hurt the economy overall. There is some legitimacy in the fact that this bill could and probably will hurt the overall deficit if passed. But I can’t even fathom that the vote of no to this bill will help the economy. 1 million people or more will be with so little income that spending will drop significantly. Businesses will be crushed by the lack of spending. Small businesses might actually hurt more than big businesses. Who is going to be able to buy a new car out of that group? You are going to take 1 million people completely out of the realm of possibility for big purchase spending. A vote of no also takes 1 million people looking at the possibility of welfare. A vote of no also takes 1 million people who may or may not have a home foreclosure.
It would be such a horrible day on June 15, 2010 if the Senate decides to vote no on a bill that would extend Unemployment Benefits to so many. It would not only be a blow to those 1 million reported people financially. It would also be a blow to the trust those people have in the same politicians they elected. Deficit or not, there is a time for emergencies and that time is now. The repercussions of a vote of no would send shock-waves and really let people know that the Senators they elected don’t really care about their general welfare.
You could not prove to me otherwise.