Obama: Unemployment Insurance Must Be Part Of Fiscal Cliff Deal

[Mass]

I dont like the change in CPI, but this is something nobody speaks about and that would be devastating for people if it did not happen. I know this issue is not exactly sexy and that most people here dont really care, but dont forget them when you say you are ready to go over the hill.

http://www.huffingtonpost.com/2012/12/19/obama-unemployment_n_2331249.html

President Barack Obama warned Republicans in Congress not to let unemployment insurance expire for the long-term jobless at the end of the year.

During a press conference on Wednesday, Obama criticized House Speaker John Boehner's so-called Plan B proposal to hike taxes only on incomes above $1 million, a level far above that of the $400,000 stipulated in the president's most recent offer.

"The speaker is now proposing what he calls Plan B, so he says, 'Well, this would raise taxes only on folks making a million dollars or more.' What that means is an average of a $50,000 tax break for every millionaire," Obama said. "At the same time we are not providing unemployment insurance for 2 million people still out there looking for work."
...
"We applaud President Obama for insisting that a year-end fiscal agreement include a renewal of federal unemployment insurance, and for making clear he will veto House Speaker John Boehner’s so-called 'Plan B' proposal for failing to include a reauthorization of federal jobless aid," NELP director Christine Owens said in a statement. "It would be truly and unbelievably cruel to push millions of unemployed job-seekers off this year-end cliff."

[dennis4868]

1. Obama and his WH has said...

that they will make sure that the CPI change does not effect the most vulnerable...they will demand a special exception for these people...of course many libs and those in the media never mention this or else they would not have much to bitch about.

I agree, unemployment insurance is incredibly important.

[closeupready]

4. A "special exception" no doubt pegged to the chained CPI rule -

so that over the long-term, the most vulnerable get their benefits reduced a bit less than everyone else is. Not impressed with that.

[robinlynne]

2. deja vu.

[quinnox]

3. I don't think that excuse will wash for cutting social security

It won't work twice, especially for significant cuts to social security and other programs, there would be hell to pay for the President and Democrats if that went through.