Allow a vote on unemployment benefits - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
May 19, 2014 Newswires
Share
Share
Post
Email

Allow a vote on unemployment benefits

Mathis, Judge Greg
By Mathis, Judge Greg
Proquest LLC

On Dec. 28, 2013, more than 1.3 million Americans lost their Emergency Unemployment Insurance benefits. The program allowed individuals who have lost their jobs to receive additional unemployment benefits for up to 47 weeks.

The critical question is whether or not America should maintain its commitment to a robust social safety net for the nation's working class families and other Americans who have fallen on hard times. It is the same ongoing debate between Republicans and Democrats in Congress over programs such as Social Security, the Supplemental Nutrition and Assistance program (food stamps) and other forms of social assistance.

Republican leaders regularly criticize government support to working class families, but defend tax credits and government sponsored programs to benefit the wealthy. Billionaire Warren Buffett

A recent study by the National Priorities Project found that America's top earners will receive an average tax cut of over $66,000 dollars while the bottom 20 percent receives an average of $107 dollars. The wealthy can write off loan interest payment for vacation homes, get special tax treatment on capital gains and certain inheritance assets, and large corporations use tax shelters to hide trillions in earnings.

At a time when the average CEO makes almost 300 times more than his or her employees, I think it would be an unconscionable and callous decision for politicians in Washington to keep chipping away at America's social safety net. If Republicans are serious about reducing America's deficit they should focus on restructuring our nation's tax system, which strongly favors rich individuals and large corporations. We should not downsize America's social safety net.

Conservatives often demonize our nation's social programs by arguing they make people lazy and discourage them from working, but the facts do not support this. Opponents of social programs have used limited cases of illegal fraud and abuse to misguide some Americans into believing most people receiving social assistance are cheating. The truth is, unemployment support is temporary and only available to individuals who are actively looking for work.

In addition, individuals who receive emergency unemployment assistance are only eligible to receive up to one half of their previous income and this amount is often less due to state caps on overall support. These payments only account for a fraction of what individuals would typically earn. Unemployment insurance benefits provide crucial support to hardworking people who have temporarily fallen on hard times, allowing them to feed their families and keep their homes as they search for work.

Families across the country have been waiting since January for politicians in Washington to pass an extension of unemployment benefits and on April 7 the U.S. Senate passed legislation to extend the program. The bipartisan bill will extend unemployment benefits for almost three million Americans.

Unfortunately, House Speaker John Boehner has indicated he will not allow members in the House of Representatives to vote on the bill, which would certainly pass. At the same time, Congress is set to approve several extensions on corporate tax breaks.

This is wrong and we must stand up to members of Congress who are obstructing an unemployment insurance extension. Call Speaker John Boehner's office and tell him to do the right thing.

Copyright:  (c) 2014 Michigan Chronicle
Wordcount:  554

Advisor News

  • Trump proposes retirement savings plan for Americans without one
  • Millennials seek trusted financial advice as they build and inherit wealth
  • NAIFA: Financial professionals are essential to the success of Trump Accounts
  • Changes, personalization impacting retirement plans for 2026
  • Study asks: How do different generations approach retirement?
More Advisor News

Annuity News

  • Regulators ponder how to tamp down annuity illustrations as high as 27%
  • Annual annuity reviews: leverage them to keep clients engaged
  • Symetra Enhances Fixed Indexed Annuities, Introduces New Franklin Large Cap Value 15% ER Index
  • Ancient Financial Launches as a Strategic Asset Management and Reinsurance Holding Company, Announces Agreement to Acquire F&G Life Re Ltd.
  • FIAs are growing as the primary retirement planning tool
More Annuity News

Health/Employee Benefits News

  • Kontoor updates executive severance package
  • AZ ACA enrollment drops 65,000 as tax credits expire
  • Two health care bills advance to Evers' desk Assembly passes breast cancer screening, postpartum Medicaid bills
  • Obamacare sign-ups drop
  • NJ DEPARTMENT OF BANKING AND INSURANCE PROVIDES GET COVERED NEW JERSEY OPEN ENROLLMENT UPDATE
More Health/Employee Benefits News

Life Insurance News

  • First Federal Bank recognized for excellent customer service
  • IUL fits at the intersection of certainty and flexibility
  • 2026-02-25 The Republic 60157665
  • Braden Draggoo Named New York Life’s 2025 Council President
  • U.S. insurers optimistic despite increased headwinds
Sponsor
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

LIMRA’s Distribution and Marketing Conference
Attend the premier event for industry sales and marketing professionals

Get up to 1,000 turning 65 leads
Access your leads, plus engagement results most agents don’t see.

What if Your FIA Cap Didn’t Reset?
CapLock™ removes annual cap resets for clearer planning and fewer surprises.

Press Releases

  • ICMG Announces 2026 Don Kampe Lifetime Achievement Award Recipient
  • RFP #T22521
  • Hexure Launches First Fully Digital NIGO Resubmission Workflow to Accelerate Time to Issue
  • RFP #T25221
  • LIDP Named Top Digital-First Insurance Solution 2026 by Insurance CIO Outlook
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet