"We simply don’t have the money to keep extending unemployment benefits indefinitely. We just don’t have the money."
But Kline does supports and is willing to pay for the Bush tax cuts for the wealthy. By budget standards, we have John Kline saying $830 billions to finance tax cuts for the wealthy is acceptable, but $12.5 billion to extend unemployment benefits 3 months when they are now due to end during the holidays is too expensive.
Is there any doubt who John Kline is working for during this financial crisis? The unemployment extension could be paid for by not allowing the tax credits to continue for the wealthy and as the majority of Americas don't approve of the wealthy tax breaks, shouldn't Kline also be supporting that?
Instead Kline wants to extending the Bush tax cuts for the rich. In Kline's world, $830 billion to finance tax cuts for the wealthy is fine, but $12.5 billion to extend unemployment benefits for three months is too expensive. Pat Garofalo at ThinkProgressive sums this up perfectly by pointing out:
Because Kline and Congress voted down a three month extension of unemployment yesterday, 2.5 million Americans will run out support during the holiday season. By Kline's insistance in supporting a renewal of the tax cut for those who absolutely don't need it, America loses $830 billion over ten years, or roughly $83 billion per year. That would easily pay for unemployment compensation until the jobs situation improves...
"In the last forty years, the U.S. has never allowed extended benefits to expire with the unemployment rate above 7.2 percent, far below today’s rate of 9.6 percent. Plus, there are currently five unemployed persons for every job opening in the country. In fact, there are so few job openings, that even if every open position in the country were filled, four out of five unemployed workers would still be out of work. But for Kline and the other House Republicans, extending tax cuts for the rich is much higher on the priority list then ensuring that these households have an adequate safety net"
What's more important to Kline, 2.5 million unemployed Americans or a few rich friends? Which is better for America?