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Originally posted by Frogs
reply to post by Stargate2012
Hmmm...
From the article linked in the OP.
Republican lawmakers oppose an extension of the unemployment aid if it would enlarge the government's $1.3 trillion budget deficit. They insist that the cost -- around $5 billion a month -- be offset with budget cuts elsewhere. Those cuts would reduce the economic impact of extending the benefits. Some in Congress want to pair an extension of unemployment aid with a deal to also extend the Bush-era tax cuts.
From that - it looks like the main thing they want is cuts somewhere else in the budget to pay for it. They aren't opposed to the program it seems as much as they are asking for cuts somewhere in the budget to pay for it.
"Cut-off of jobless aid would lower economic growth"
"If Congress lets unemployment benefits expire this week for the long-term unemployed, they won't be the only ones to feel the pain. The overall economy would suffer, too. "
"Unemployment benefits help drive the economy because the jobless tend to spend every dollar they get, pumping cash into businesses."
"Annual economic growth could fall by one half to nearly 1 percentage point."