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Thune: Unemployment benefits have to be paid for, tax cuts don't

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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-10-10 01:04 PM
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Thune: Unemployment benefits have to be paid for, tax cuts don't
Sen. John Thune is not the first Republican to say it, just the most recent--the tax cuts for the wealthy don't have to be paid for or offset. Aid to the millions of American workers who've lost their jobs through no fault of their own, however, well, we just can't afford to help them.

n Fox News host Sean Hannity’s show last night, Sen. John Thune (R-SD) joined DeMint and Palin, saying “we need” to pay for unemployment benefits, while completely ignoring the cost of the Bush tax cuts:


HANNITY: What do you think of what Jim DeMint and Governor Palin had said about this that, you know, we need to extend unemployment. We can’t do it without funding it. Number two, we don’t need temporary economy. We don’t need temporary tax rates, businesses need to look five, 10 years down the road. What do you think of that criticism?

THUNE: I don’t disagree with any of that. … But I do agree with what Senator DeMint is saying and that is we need to try and come up with a way to pay for this $55 billion extension of unemployment benefits. We will be offering amendments in the Senate to do just that.

http://www.dailykos.com/storyonly/2010/12/10/927592/-Thune:-Unemployment-benefits-have-to-be-paid-for,-tax-cuts-dont
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Metta Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-10-10 01:10 PM
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1. A classic example of moral relativishm and a bankrupt sense of duty.
Reverse Robin Hoods.
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donco6 Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Dec-10-10 01:10 PM
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2. Only because of the assumptions they made about the budget.
Normally, you project revenue based on what the timeline shows - if the timeline shows the tax cuts expiring, you show the revenue increasing, and with no commensurate increase in spending, you increase your projected ending fund balance. But they just assumed the cuts would be extended, so they never showed the revenue increase, and therefore the cuts "cost nothing."

It's all bullshit.
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