A look at statistics showing how the insurance industry fared in consumer class action settlements.
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February 6, 2014
INHOFE STATEMENT ON UNEMPLOYMENT INSURANCE EXTENSION BILL
WASHINGTON, D.C. -- U.S. Sen. Jim Inhofe (R-Okla.) today voted against ending debate on S.1845, the Unemployment Insurance (UI) Extension bill, that would extend temporary long-term unemployment benefits for the 11th time since 2008. Cloture on S.1845 failed by a vote 55-43.
"Under the Obama Administration, the labor participation rate has remained at a 35 year low. This is an unacceptable statistic that I will not allow to become the new standard and why we must continue to debate the UI bill until amendments are considered that actually help Americans become employed," said Inhofe. "We can get Americans back to work and our economy booming again, but this is not achieved by Washington turning a temporary federal benefit into another welfare program. This is why I introduced amendments to the original UI proposal that would help hardworking Americans find stable work. Amendment 2615 demands accountability in the federal government for how its rules and regulations are impacting economic opportunity and job creation in the United States. I also introduced an amendment that would allow for responsible development of our natural resources on federal lands, which has the potential of creating more than two million new jobs. Its time Washington debates solutions that will help us to see the full potential of our economy, and that starts with enforcing promised transparency and getting big government out of the way."
Inhofe introduced the following amendments in January to the unemployment insurance extension bill, but none were allowed a vote:
*Amendment No. 2605 that would give states the authority to unlock restrictions on developing energy resources on federal lands within their borders.
*Amendment No. 2615 that would enforce section 321(a) of the Clean Air Act, which requires the EPA to conduct a study on how it's regulations are affecting employment across the economy.
*Amendment No. 2640 that would repeal Section 403 of the Murray-Ryan Bipartisan Budget Act of 2013 that currently penalizes current and future military retirees by subtracting a full percentage point each year from their Cost of Living Adjustment (COLA) for those under the age of 62 and who retire at the 20-year point.