Sunday, March 9, 2014

Pelosi Makes Outrageous Lie That Is Hard To Believe | American Overlook

Pelosi Makes Outrageous Lie That Is Hard To Believe | American Overlook

Pelosi Makes Outrageous Lie That Is Hard To Believe


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Long-term unemployment benefits for 1.3 million Americans expired this past Saturday as part of the new 2014 budget agreement.

Democrats have vowed to make employment reform part of January’s agenda, though Republicans are committed to spending the $26 billion elsewhere.

While Democrats in the Senate have yet to propose new unemployment measures, Senate Majority Leader Harry Reid (D-NV) has said that a three-month extension to unemployment benefits would be beneficial to the economy. President Obama has publically supported this plan, which comes with a $6 billion price tag.

Some Republicans including Sen. Dean Haller (R-NV) are supporting Democrats’ three-month extension to the benefits, a move that has Pres. Obama praising bipartisan workmanship.

But despite bipartisan efforts, many Democrats are condemning conservatives for the “abrupt” and “immoral” cancelling of the benefits. House Minority Leader Nancy Pelosi (D-CA) criticized Republicans for cutting the benefits during the holiday season.

“Starting tomorrow, too many American families will face the New Year with uncertainty, insecurity, and instability as a result of congressional Republicans’ refusal to extend critical unemployment insurance,” she said. “The first item on Congress’ agenda in the New Year must be an extension of unemployment insurance.  That must be our priority on day one.”

SEE ALSOSee Which Lie By Obama Won ‘Lie Of The Year’

Pelosi even speculated that extending unemployment would yield 300,000 new jobs to the nation’s economy. “Every dollar invested in this initiative yields $1.52 in economic growth, and an extension of UI could produce as many as 300,000 jobs,” Pelosi claimed.

But Republicans said criticism from the left is only hardening their stance against a compromise. Sen. Rand Paul (R-KY) affirmed that he and many Republican lawmakers would adamantly oppose another extension. He said that Congress’ priority should be job creation, rather than providing additional assistance.

What do you think? Will spending billions more on employment really create new jobs?

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