Unemployment Benefits Extension Bill Expected to Pass in Congress Today


The Senate moved forward with the unemployment benefits extension bill, which will provide retroactive benefits until the end of the year, effectively beating the Republican filibuster with a vote of 60-40. The next step is a majority rules vote, which was delayed again by Republicans for another 30 hours, making Thursday the earliest that the bill can be passed in the Senate. After successfully moving through the Senate, the bill will have to be voted on in the House of Representatives where Democrats plan to push it through, possibly allowing for President Obama to sign it into effect by next week.


The much awaited vote for the unemployment benefits extension bill is finally being voted on today in Congress. After a highly criticized filibuster from Republicans wanting to forgo unemployment extensions because of an increasing national debt, the bill is expected to pass today with the necessary 60 votes, with the pivotal vote being cast by newly sworn in Senator, Carte Goodwin of West Virginia.

The unemployment extension bill, which will restore benefits for an estimated 2.5 million jobless, was expedited into action after President Obama blasted Republican Senators for being out of touch with Americans yesterday in his Rose Garden speech. He also criticized the Republicans for being in favor of giving tax breaks to the wealthy, while middle class Americans were struggling to pay for their basic needs.

The vote is scheduled for 2:30 PM today. However, Senators are currently discussing these issues on the Senate floor.

-- Watch C-SPAN's live streaming video of the discussions.

Next:Unemployment Benefits Over? What Is Your Next Move? >>

Read Full Story

Want more news like this?

Sign up for Finance Report by AOL and get everything from business news to personal finance tips delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.