Democrats want unemployment benefits tacked onto super committee deficit bill

November 5, 2011

The good news from the Labor Department Friday was that 80,000 new jobs were added to the economy last month.

The bad news is that it was only 80,000 jobs.

19 Days Super Committee CountdownThat dreary October jobs report underscored the request this week from some Democrats that the deficit reduction super committee include a one-year extension of unemployment benefits in any plan it formulates.

Unemployment benefits are set to expire on Dec. 31. Extending them through 2012 is estimated to cost $44 billion.

That amount is one reason why Republicans are opposing additional payments for out of work individuals.

And that partisan resistance is a key reason why House Ways and Means Democrats are urging members of the Joint Select Committee on Deficit Reduction to include the money for the jobless in its final measure, due by Nov. 23.

With Congress gridlocked on jobs proposals, they say the unemployment benefits are critical. And they believe that tacking them onto any must-pass deficit cutting plan is the best shot at getting the federal payments through Congress.

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We made it. Tax Day 2025 is finally over. For most of us. When the filing season started on Jan. 26, millions who were expecting refunds filed immediately. Most of us got our returns to the Internal Revenue Service by April 15. But plenty of taxpayers also got extensions. They are looking at an Oct. 15 filing deadline.

Those procrastinating filers aren’t a problem. In fact, the IRS appreciates taxpayers who take time to fill out their 1040 forms correctly. It also is grateful that tax submissions are spread out a bit, especially now that the IRS is a leaner agency. Processing returns is easier when they arrive throughout the year instead of in massive bunches.

But enough about Uncle Sam’s tax collection issues. The focus now is on all y’all who filed for extensions, giving you another six months to complete your return. Since your new mid-October due date will be here before you know it, let’s get started now on meeting it.

The ol’ blog is here to help you finish up your extended Form 1040. You can start with January’s tax tips page, which has links to the rest of the year’s tips by-month collections. You also can peruse various tax categories for more tailored advice by clicking on the More Tax Posts drop-down menu at the top of this (and every) page.

And to make sure you don’t miss your new filing deadline, the count-down clock below will let you know just how much time you to file by Oct. 15. At the latest.e. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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