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Dems To Pay For Jobless Benefits With Sequester

From an unquestioning Reuters:

U.S. unemployment benefits extension stalls in Senate

By Richard Cowan | Jan 9, 2014

WASHINGTON (Reuters) - Senate Democrats on Thursday offered a new plan to revive federal unemployment benefits until mid-November and pay the $18 billion price tag with new spending cuts, but hopes of a bipartisan deal dissolved into bickering by day’s end.

Ever notice how whenever the Democrats don’t get everything they want it is described as "a bipartisan deal" that has been destroyed by petty "bickering"?

"The package does what the Republicans wanted," Senate Majority Leader Harry Reid, a Democrat, said on the Senate floor. He said the cost of renewing the jobless benefits for about 1.4 million long-term unemployed Americans would be "entirely paid for" and would contain "structural changes they (Republicans) were demanding." …

Indiana Senator Dan Coats complained that the cost of the new federal benefits would not be covered until years in the future. "It’s pretty hard to explain to anybody outside government, ‘Let’s spend the money now and we’ll send you a check’" in a decade or so.

Of course, that is how everything is ‘paid for’ in Congress. The spending happens immediately, while the payment will happen ten years out. Which means ‘never.’

Under the latest Democratic initiative, most of the $18 billion cost would have been offset by extending automatic spending cuts, known as "sequestration," meaning that the savings would be achieved in 2024, according to a Senate aide describing the plan.

Hilarious. The Democrats are going to pay for this by "extending" the sequester. Which they have already gutted, and which they are hell-bent on killing entirely.

A small amount of additional savings would have been achieved by tightening requirements for people who collect both jobless benefits and disability payments, Reid said.

More hilarity. Apparently, Democrats have to be bribed into enforcing the law.

Reid also said the measure would "reduce slightly" the number of weeks a jobless person could collect payments, which could have presented problems for some liberal Democrats…

After all, Reid doesn’t need this extension to last a full year. It only has to last past the November elections.

This article was posted by Steve Gilbert on Friday, January 10th, 2014. Comments are currently closed.

2 Responses to “Dems To Pay For Jobless Benefits With Sequester”

  1. NO. That’s not true. The DEms will pay for it with Borrowed Money.

    (oh, hell. this is getting tiresome)

  2. dasher

    I dunno about all that Jack, if we just follow what this USAToday writer seems to think, happy days are just around the corner, to quote our webpage master:

    http://www.usatoday.com/story/.....s/4396025/

    This writer must be based in CO, because he is certainly sounding like he is stoned to the bone.

    Raining in Atlanta…

    D.


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