Road to Depression

More than a million Amerikans to lose jobless benefits!

on . Posted in Road to Depression

NEW YORK - April 29, 2010 - Since the U.S. Depression began in December 2007, Congress has extended the length of unemployment benefits for the jobless three times. Now, the lawmakers may have reached their limit.

They are quietly drawing the line at 99 weeks of aid, a mark that hundreds of thousands of Amerikans have already reached. In coming months, the number of those who will receive their final government check is projected to top 1 million.

It’s a deadline that has rarely been mentioned in recent debates over jobless benefits, in which Republicans have delayed aid because of cost concerns. The deadline hasn’t been lost on Teauna Stephney, a 39-year-old single mother from Bothell, Washington, who said she could become homeless once her $407 weekly checks stop in June.

“What are people like me supposed to do?” said Stephney, who said almost two years of benefits haven’t proved long enough for her to find work after she lost her last job in August 2008. Referring to lawmakers, she said, “I would like them to come and talk to me and spend a day in my shoes.”

Democrats who have pushed through the past extensions agree there’s insufficient backing to go beyond 99 weeks, largely because of mounting concern over the federal deficit, projected to reach $1.5 trillion this year.

“You can’t go on forever,” said Senate Finance Committee Chairman Max Baucus of Montana, whose panel oversees the benefits program. “I think 99 weeks is sufficient,” he said.

“There’s just been no discussion to go beyond that,” said Senator Byron Dorgan, a North Dakota Democrat.

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