Saturday, January 11, 2014

Senators near deal on unemployment

http://thehill.com/homenews/senate/194956-senators-nearing-deal-on-unemployment

Senate majority leader Henry Reid is hopeful that a deal can be reached to extend unemployment beneifts for a year without adding to the deficit. Senator Jack Reed and Representative Dean Heller have been pushing for a three-month plan for unemployment benefits that would add $6.4 billion to the deficit. Extending benefits for the rest of the year would cost $26 billion. But could be achieved by spending cuts. It is unclear whether this will pass in either the House or the Senate.

I think that unemployment assistance is a worthwhile reason for cutting spending in other areas (*cough* military spending *cough*). A lot of people feel that unemployment assistance encourages those out of work to not be super proactive about fixing that. Which I can see their point. But I think the real problem is that minimum wage is so low that people can make more from government assistance than from actually working. That is what I think needs to be fixed.

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