Tuesday, January 10, 2012

Unemployment insurance only for grads? | Angry Bear - Financial ...

Posted by Dan Crawford (Rdan) | 1/08/2012 05:39:00 AM

Off the charts blog via Mark Thoma

For legislation to extend the payroll tax cut through the end of 2012, House Republicans are expected to push for a provision on unemployment insurance (UI) that is appalling even by current Washington standards. Neither President Obama nor Congress should accept any payroll-tax legislation that includes it. Here?s why:

The provision, part of a full-year payroll-tax bill that the House passed in December, would deny UI benefits to any worker who lacks a high school diploma or GED and is not enrolled in classes to get one or the other ? regardless of how long the person worked or whether he or she has access to adult education, which itself has been subject to significant budget cuts in the past few years and is heavily oversubscribed.

Source: http://www.angrybearblog.com/2012/01/unemployment-insurance-only-for-grads.html

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