arabtoday
Last Updated : GMT 00:43:30
Arab Today, arab today
Arab Today, arab today

Obama urges jobless benefits extension, avoiding self-inflicted pain

Arab Today, arab today

Arab Today, arab today Obama urges jobless benefits extension, avoiding self-inflicted pain

Washington - UPI

US President Barack Obama on Saturday urged Congress to extend unemployment benefits for millions of unemployed Americans, saying inaction of Congress will lead to self-inflicted wound for the economy. "Just a few days after Christmas, more than one million of our fellow Americans lost a vital economic lifeline--the temporary insurance that helps folks make ends meet while they look for a job. Republicans in Congress went home for the holidays and let that lifeline expire," Obama said in his weekly address. Approximately 1.3 million workers currently receiving extended unemployment insurance (UI) benefits lost them as the program expired on Dec. 28. About 3.6 million more people will lose access to UI benefits beyond 26 weeks by the end of 2014 if Congress fails to act, the White House figures showed. "We don't abandon our fellow Americans when times get tough -- we keep the faith with them until they start that new job. What's more, it actually slows down the economy for all of us," Obama said. "If folks can't pay their bills or buy the basics, like food and clothes, local businesses take a hit and hire fewer workers. That's why the independent Congressional Budget Office says that unless Congress restores this insurance, we'll feel a drag on our economic growth this year," he added. "And after our businesses created more than 2 million new jobs last year, that's a self-inflicted wound we don't need," Obama said. Unemployed Americans can get 26 weeks of state-paid unemployment benefits, and the length of the benefits has been extended in 2008 after the onset of the financial crisis with the financial help of the federal government. The government-funded extra assistance UI program has been repeatedly extended in past years, but some Republicans opposed renewing the temporary program. Obama is scheduled to hold an event at the White House Tuesday and call on Congress to renew long-term unemployment benefits for millions of Americans when he returns to Washington from his vacation in Hawaii, Labor Secretary Thomas Perez said on Friday.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today obama urges jobless benefits extension avoiding selfinflicted pain Arab Today, arab today obama urges jobless benefits extension avoiding selfinflicted pain

 



Arab Today, arab today
Arab Today, arab today Adidas Originals ‘reinterpreted’

GMT 14:52 2016 Thursday ,01 December

Adidas Originals ‘reinterpreted’
Arab Today, arab today Holiday magic is everywhere

GMT 13:04 2016 Saturday ,03 December

Holiday magic is everywhere
Arab Today, arab today Paris's matchbox apartments

GMT 10:37 2016 Saturday ,24 September

Paris's matchbox apartments
Arab Today, arab today First buses take Aleppo residents back

GMT 07:33 2016 Monday ,05 December

First buses take Aleppo residents back
Arab Today, arab today What next after landmark

GMT 09:01 2016 Saturday ,03 December

What next after landmark
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Dino-killing crater shows clues

GMT 14:43 2016 Thursday ,24 November

Dino-killing crater shows clues
Arab Today, arab today Dubai Women Establishment delegation

GMT 13:00 2016 Monday ,05 December

Dubai Women Establishment delegation
Arab Today, arab today To battle Japanese whaling fleet

GMT 11:53 2016 Monday ,05 December

To battle Japanese whaling fleet
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Hyundai allows Saudi journalists

GMT 15:14 2016 Thursday ,01 December

Hyundai allows Saudi journalists
Arab Today, arab today Latest Infiniti QX to compete

GMT 13:16 2016 Saturday ,26 November

Latest Infiniti QX to compete
Arab Today, arab today Trump, politics on the mind

GMT 12:58 2016 Friday ,02 December

Trump, politics on the mind
Arab Today, arab today Green groups pressure Spain

GMT 13:01 2016 Thursday ,01 December

Green groups pressure Spain

GMT 11:44 2016 Thursday ,01 December

Austria's race against time

GMT 08:00 2016 Saturday ,03 December

For Yazidi women left behind

GMT 04:15 2016 Thursday ,30 June

World's largest uncut diamond fails

GMT 13:01 2016 Tuesday ,29 November

Car manufacturers to power Europe

GMT 15:59 2015 Wednesday ,27 May

Seoul elevates gardening to high art

GMT 12:39 2016 Saturday ,26 November

Skin patch could help kids

GMT 13:19 2016 Monday ,21 November

New nationalism stoking fears

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 09:53 2016 Sunday ,15 May

OMEGA official timekeepers
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Powered and Developed by FilmMatters

Copyright © 2016 Arabtoday

Developed by FilmMatters

© 2016 Arabtoday

arabtoday arabtoday arabtoday
arabtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabtoday, Arabtoday, Arabtoday