Unemployment Benefits Extension UPDATE (July 22 2010)
Obama Alterations Tune on Having to pay for Unemployment Benefits Extension
In signing the bill restoring unemployment benefits to 2 ? million Americans jobless for a lot more than 26 weeks, President Obama is also adding $34 billion towards the deficit and the National Debt.
That’s the purpose practically all Republicans voted against the measure. They desired the cost of the benefits paid for with unspent government funds or by other budget cuts.
The White House dismissed GOP concerns as partisan game-playing.
In two speeches over the final week, Mr. Obama argued that in the past, presidents and Congresses of each parties have treated unemployment insurance for what it’s: an emergency expenditure.
“Suddenly, Republican leaders want to change that,” he said.
He portrayed Republicans as hypocrites for demanding that jobless benefits be paid out for but not applying the exact same regular to their call for an extension of Bush Administration tax cuts that may expire this year.
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