Developing Manpower Legislation A Personal Chronicle (1978) / Chapter Skim
Currently Skimming:
SHORING UP OUR FIRST LINE OF DEFENSE
SHORING UP OUR FIRST LINE OF DEFENSE
Pages 67-71
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From page 67... ...
made available as of January l, l975, for those regularly covered by UI would run out by late March. In a memorandum to the President on February 24, l975, Secretary Brennan had estimated that without a further extension of benefit duration an estimated 2.2 million workers would exhaust benefits in l975 and had recommended Presidential action within 30-60 days.
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From page 68... ...
The President signed the Tax Reduction Act on March 29, l975; thus, the first exhaustion "cliff" was narrowly missed for hundreds of thousands of workers. Meanwhile, on March 20 Secretary Dunlop had dispatched a memo to the Economic Policy Board (he had been made a full member by President Ford)
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From page 69... ...
For the next several weeks we worked with OMB and the Economic Policy Board primarily on the question of how to design that "built-in procedure": again we faced the question of triggers. This was the third time around for us on the question of triggers relating to unemployment benefits.
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From page 70... ...
On June l8 the Finance Committee reported out a bill that included the basic program extensions and also included a triggering concept, though one based on state triggers rather than labor market areas as we had recommended. Under the Committee bill people in states with a 6-percent unemployment rate or more would remain eligible for the full 65 weeks of benefits; people in states with less than 6 percent but more than 5 percent unemployment would be eligible for 52 weeks; and people in states with less than 5 percent unemployment would be eligible for only the regular 39 weeks.
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From page 71... ...
It is important to stress this point because of the view one might get from the media's general treatment of this subject; PSE is a subject of intense interest, while the unemployment insurance system is only the subject of attention when blatant individual abuses are discovered. From July l975 to July l976 the unemployment compensation system paid $l8.2 billion in benefits.
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