GOP Senators Announce Fully Paid-for, Five-Month Unemployment Insurance Proposal
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"Over and over again, I have emphasized with my colleagues the importance of extending unemployment benefits for Nevadans and for people hurting across the country. This is a responsible proposal that makes important reforms to the current program that I believe will help garner necessary support to pass the
"Our proposal responsibly pays for an extension of unemployment insurance benefits and enacts credible reforms to improve the program," said Senator Coats. "This is a sensible solution based on bipartisan ideas. If Democrats are serious about finding common ground on this issue, they will support it."
"With millions of Americans still suffering from the weak economic recovery, it's time for
"This bill is a rational, reasonable proposal to help jobless Americans that combines ideas from across the aisle to help provide relief to over a million Americans impacted by the President's failed economic policies, and strengthen our current unemployment programs with real reforms to get people back to work," said Senator Murkowski. "This bill is fully paid for and strikes the right balance to provide support to those who most need it, both financially and structurally. If the
"This is a fiscally responsible path forward to provide unemployment insurance benefits to those who lost their jobs through no fault of their own and are searching for work but are unable to find it," said Senator Collins. "It also includes important reforms to better incorporate job training programs to help people find jobs in fields where employment exists."
"Our legislation is fully-paid for and includes needed reforms to a broken system that will help Americans get back on the job," said Senator Ayotte. "This is a common-sense solution that would not add to the debt but would provide some relief to the long-term unemployed while also taking steps to fix a program that isn't getting the jobless back to work."
Details of the fully paid for, five-month unemployment compensation extension:
* Extends federal unemployment insurance benefits for five months, allowing for retroactive benefits.
* Includes the following offsets:
* Extending pension smoothing provisions from the 2012 highway bill (MAP-21);
* Extending Customs User Fees through 2024;
* Eliminating overlapping UI/SSDI payments.
* Reforms the current program:
* Requires that Emergency Unemployment Compensation (EUC) applicants be assessed by the appropriate state or federal agency to determine why he/she remains unemployed and to identify steps the individual should take to improve employment prospects, such as enrollment in a job training program.
* Reforms the EUC program to strengthen requirements to ensure benefits go to those actively looking for work and those who truly want to return to the workforce. Prohibits individuals from receiving EUC if they fail to accept offers of suitable work or if they refuse to apply for suitable work referred to them by state employment agency.
* Ensures that limited federal unemployment resources are not being used to provide benefits to millionaires and billionaires.
* Eliminates overlapping
Read this original document at: http://www.heller.senate.gov/public/index.cfm/pressreleases?ID=b950970d-39bd-4070-a551-80d243fd07ad
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