Sunday, December 29, 2013

Unemployment Benefits Dry Up!

You know that the Republican Party isn't that popular among most Americans. But rather than send them back to the minority, the voters will continue to allow them to create political chaos in their never ending fight against President Barack Obama.

As a part of the grand bargain by Congressman Paul Ryan (R-WI) and Senator Patty Murray (D-WA) co-wrote a bill that keeps the government open but sacrifices things that are very important to Americans.

They announced a compromise that they had agreed to after extended discussions between them. The law raises the sequestration caps for fiscal years 2014 and 2015, in return for extending the imposition of the caps into 2022 and 2023, and miscellaneous savings elsewhere in the budget. Overall, the bill is projected to lower the debt by $23 billion over the long term.

The extension of unemployment benefits for laid off Americans isn't a part of the deal. Republicans opposed the idea of giving unemployment benefits to the jobless.

The end of unemployment checks for more than a million people could drive out-of-work Americans to consider selling cars, moving and taking minimum wage work after already slashing household budgets and pawning personal possessions to make ends meet.

The end to the five-year program that extended benefits for the long-term jobless affected 1.3 million people immediately and will affect hundreds of thousands more who remain jobless in the months ahead. Under the program, the federal government provided an average monthly stipend of $1,166.

While the Obama administration and Democrats in Congress want to continue the program, the extensions were dropped from a budget deal struck earlier this month and Republican lawmakers have balked at its $26 billion annual cost.
The Stallmigo Rand Paul calls unemployment benefits for the long term a disservice.
The end of the program may prompt a drop in the nation's unemployment rate, but not necessarily for a good reason. People out of work are required to look for work to receive unemployment benefits. As benefits disappear, some jobless will stop looking for work out of frustration and will no longer be counted as unemployed.

Listen to the Stallmigo Rand Paul (R-KY) talk about how unemployment benefits hurts Americans.

He calls it a disservice.

I call it a politico who is too stupid to realize that he's causing great harm to the middle class.

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