99ers Rally to Call for Tier 5 Unemployment Extension

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Unemployment Extension: 99ers Rally to Call for Tier 5 Unemployment Extension – In an effort to catch the attention of the Congress to pass a Tier 5 Unemployment Extension Bill, the 99ers, those unemployed individuals who have exhausted all the available tiers of unemployment insurance benefits, will be having a rally today, Thursday, August 12, 2010.

Dubbed as “Keep the American Dream Alive Tier Five!”, the 99ers rally for a Tier 5 unemployment extension bill will be held at the Federal Hall, 26 Wall St., New York City from 12pm to 1pm. Organizers are hoping their best to call the attention of the Congress to urgently pass a Tier 5 unemployment extension of benefits. Ed Scultz and other media will be covering it.

Currently, the Congress is in recess and will reconvene on September 13. There are actually two Tier 5 unemployment extension bills being proposed in the Congress. One is from the Senate which is from Senator Debbie Stabenow of Michigan which is known as the Americans Want to Work Act or S.3706. The said bill would provide 20 additional weeks of unemployment insurance for individuals in states with unemployment rates of above 7.5%. In addition, the bill also includes a one-year extension of two tax credits for businesses that hire unemployed workers.

Meanwhile, in the House of Representatives, there is another Tier 5 unemployment extension bill proposed by Rep. Shelley Berkley from Nevada. Her version would add an additional 20 weeks of unemployment benefits but only for those states with unemployment rates of 10 percent or higher.

We hope that the rally today by the 99ers will catch the attention of more of our politicians in the Congress. Tier 5 unemployment extension bill is urgently needed. Hopefully, the Congress would prioritize it over other pending bills when they reconvene on September 13.

If you are a 99er and you are living near the venue in New York City, participate and let your voice be heard.