Home > CO2-Free Energy (Example: Solar Electricity), Fande = Fact & Evidence, The Economy > Republicans in Congress are all about the “Middle Class Squeeze”

Republicans in Congress are all about the “Middle Class Squeeze”

REMINDER: This is the worst economic downturn since the Great Depression in the 1930s. Stimulus funds still to be spent on renewable energy projects, like Solar Electricity, fuel job growth.
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EXCERPTS:

“Every recession since 1950 has featured an extended federal benefits program financed with deficit dollars. That’s a precedent Democrats refused to break when battling with Republicans for months earlier this year to extend the program….

But allowing benefits to expire in the holiday season may draw negative attention to Republicans, especially when measured against their insistence that tax cuts for upper-income taxpayers not be allowed to expire.

‘We have never cut off benefits for out-of-work Americans where the unemployment rates have been this high,’ said Rep. Jim McDermott, D-Wash. ‘Without this extension, temporary federal extended benefits will shut down … denying benefits to two million of our fellow citizens over the holiday season.’

Senate Democrats say they have no plans to bring the measure up as a stand-alone bill, but efforts to renew benefits are likely to get drawn into negotiations over taxes and other important year-end legislation.

‘We will continue to work for an emergency short-term extension to get families through the holidays,’ promised House Speaker Nancy Pelosi, D-Calif.”

http://finance.yahoo.com/news/House-GOP-blocks-bill-to-apf-2321746267.html?x=0&sec=topStories&pos=6&asset=&ccode=

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