Wednesday, January 8, 2014

Manchin seeking ways to ‘pay for’ unemployment benefits extension


U.S. Senator Joe Manchin said Tuesday there must be a way to pay for the reinstatement of extended unemployment benefits.
Both Manchin and U.S. Senator Jay Rockefeller voted with the majority Tuesday to continue the discussions about reinstating the benefits that were cut-off for the longest unemployed Americans at the end of 2013. A final vote in the Senate could come in a few days.
Manchin told reporters during a conference call Tuesday afternoon that extending the benefits for three more months would cost $6.5 billion and a full-year extension would have a $26 billion price tag. He said that can’t go on without a way to finance it.
Approximately 7,000 state residents lost the benefits when Congress failed to renew last month.
Sen. Rockefeller said the benefits are a safety net for families and should be reinstated.
Manchin said he continues to look for ways to pay for the extension including the possibility of eliminating the double payments some laid-off residents receive.

Manchin said he’s already told Democratic leaders that he in no way would support any future extensions if the economy is the same or better at the end of the next 90 days.