NORTON META TAG

06 February 2014

VIDEO Watch Elizabeth Warren Slam the GOP for Blocking Unemployment Benefits 4FEB14

SEN Elizabeth Warren D MA continues to champion the American people in the US Senate, much to the consternation of the Obama administration and third way democrats. Here she slams the gop / tea-bagger obstructionist for blocking an extension of emergency unemployment benefits for the long term unemployed. She condemns them for insisting any extension be paid for by funding cuts of other programs while they push for an extension of tax cuts and subsidies for the rich (tax extenders) for corporate America without requiring offsetting cuts to other corporate welfare programs. From Mother Jones.....
| Tue Feb. 4, 2014 8:52 AM GMT
On Monday evening, Sen. Elizabeth Warren (D-Mass.) denounced GOP lawmakers for blocking an extension of federal unemployment insurance, which expired at the end of last year, and called on Congress to act immediately on behalf of the roughly 1.6 million Americans who depend on the benefits.
"Unemployment insurance is a critical lifeline for people who are trying their hardest and need a little help—a recognition that Wall Street and Washington caused the financial crisis, but Main Street is still paying the price," Warren said in a speech on the Senate floor.
She added that it's hypocritical for Republicans to push for an extension of a package of mostly corporate tax breaks called "tax extenders" without offsetting the cost, but are demanding that aid for the unemployed be paid for. "Republicans line up to protect billions in tax breaks and subsidies for big corporations with armies of lobbyists," the senator said, "but they can’t find a way to help struggling families trying get back on their feet."
Each year since the onset of the recession in 2008, Congress has re-authorized federal emergency unemployment benefits for the long-term jobless, which kick in after state unemployment benefits run out—usually after 26 weeks. The number of extra weeks of federal unemployment insurance has varied over the years, but last stood at 47 weeks.
The long-term unemployment rate—the percentage of those without a job for 27 weeks or longer—remains at record high levels, but Republicans in the House and Senate don't want to extend federal unemployment benefits unless they are offset by savings elsewhere. A Senate plan to renew the benefits failed a couple of weeks ago, because Republicans said Senate Majority Leader Harry Reid (D-Nev.) wouldn't allow them to amend the legislation to their liking. The upper chamber is now working on a new proposal that would pay for the $6-billion extension by temporarily increasing taxes on employers. But even if the Senate passes the measure, it is unclear whether House speaker John Boehner (R-Ohio) will bring the bill up for a vote, according to Democratic House aides.
http://www.motherjones.com/mojo/2014/02/video-elizabeth-warren-slams-gop-blocking-unemployment-benefits