Lawmakers to Address Unemployment and Military Benefits

Updated: 12/23/2013 11:09 AM
Created: 12/23/2013 8:13 AM
By: Megan Stewart

More than 1 million people are set to be cut off of federal unemployment benefits just three days after Christmas.

House Minority Leader Nancy Pelosi will hold a press conference Monday to talk about the impact of expiring unemployment benefits.

Senate Majority Leader Harry Reid promised a vote on a measure to extend benefits for three months no later than Jan. 7, 2014, but Republicans say they will only vote for it if cuts are made elsewhere.

A new rule that holds back annual pension increases for military retirees under the age of 62 will also be discussed this week.

Lawmakers say they will reconsider the rule in a new budget bill passed last week after protests by the military community. The bill has not yet been signed by the president.

If the president signs it, lawmakers say they might reverse the rule when they return from recess next year.

Regardless of the outcome, Defense Secretary Chuck Hagel said a reform of military compensation can't be avoided.

Photo: MGN Online

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