Will the July 20, 2010 Unemployment Extension vote be historical? Or is the July 20, 2010 Unemployment Extension vote a temporary fix leading up to another political fight in Washington in late November? Either way it looks as if jobless Americans who have lost benefits during the lapse since June 2, 2010 will finally have benefits restored and retroactive pay on the way after the vote today. It’s important to note that the bill still needs a simple majority win on the Senate floor, approval in the House and the signature of President Barack Obama before becoming law in the next few days.
The answer in the short term is the July 20, 2010 Unemployment Extension vote solves a lot of problems and cures many ills for the reported 2.5 million people who have lost Unemployment Insurance during the lapse.
That means some jobless Americans will be receiving retroactive pay for as much as 7-8 weeks following the month and a half battle in the United States Senate. Today the United States Senate finally passed a Republican filibuster by gaining the 60 votes needed in such an effort. The July 20, 2010 Unemployment Extension vote is historic now for several reasons. First, provisions for such jobless Americans had never before been denied during times of such economic crisis where the unemployment rate hovered at the current level. The denial of such benefits, even though a stalemate has lasted an unfortunate amount of time, would have been unprecedented.
It’s also historic because Republicans did not deem the matter as an economic emergency. Instead, the GOP clearly wanted the bill to be paid for now and in future months or years. So does that mean we are destined for another late November Washington fight in terms of Unemployment Extensions? Will the Unemployment Extension vote in late November or early December reflect the early stage fights of what we witnessed on the floor of the Senate in early June? It seems inevitable that another political fight looms on down the road in November. In other words, July 20, 2010 is not the only time a pending Unemployment Extensions vote could mean the difference between jobless Americans surviving or losing homes.
It seems as if history will repeat once again when the issue arises in late November and December. This time the Battle cry for jobless will be centered around the Thanksgiving and Christmas Holidays. Perhaps United States Senators will be more giving or perhaps they will have a few more recesses that eventually stall out the proposed legislation. There is some school of thought that Republicans will outnumber Democrats after the elections and the bill proposed could include a way to fund it as the GOP has cited in recent arguments.
Either way, it looks as if this preliminary July 20, 2010 Unemployment Extensions victory is a short term win for jobless Americans. In other words, it’s another play it by ear temporary fix until the next inevitable crisis unfolds in late November.