In a letter to US Senate Leadership today the National Association of State Workforce Agencies (NASWA) raised significant administrative issues with the currently proposed EUC extension bill agreed to by of 10 U.S. Senators led by Jack Reed (D-RI) and Dean Heller (R-NV) to reauthorize the Emergency Unemployment Compensation (EUC) program for five months. The bill, [...]
After weeks of discussion and procedural moves related to the proposed EUC extension the Senate could not come up with 60 votes on a version of legislation to move ahead on an extension. A major sticking point on the part of Republicans was the lack of provisions to pay for an extension. Majority leader Reid at [...]
Senator Jack Reed (D-RI) has proposed a new amendment to S 1845 that would extend EUC through March 31st and seek to “pay for” the extension largely through a pension smoothing proposal that would permit employers to reduce pension contributions, resulting in money available to be spent in the economy and presumably increase tax revenue. Apparently [...]