Republi-Crap Senator blocks Unemloyment Benifits

Senate Republican holds up jobless benefits

By ANDREW TAYLOR, Associated Press Writer Andrew Taylor, Associated Press Writer – Fri Mar 26, 3:00 am ET
WASHINGTON – As Congress raced to leave Washington for its Easter recess, a Republican senator blocked a stopgap bill to extend jobless benefits, saying its $9 billion cost should not be added to the national debt.

As a result, some people who have been out of work for more than six months will at least temporarily lose benefits. Newly jobless people won't be eligible to sign up for generous health insurance subsidies.

At the center of the battle is Sen. Tom Coburn, R-Okla., who's insisting that the measure be "paid for" so as not to add to the nation's $12.7 trillion debt.

"What we are doing is stealing future opportunity from our children," Coburn said Thursday.

Republicans offered legislation to finance the monthlong extension of jobless benefits by rescinding unspent money from last year's economic stimulus bill. The effort was killed on a party-line vote.

Democrats repeatedly sought speedy Senate approval of a House-passed measure that would extend jobless benefits through May 5, but Coburn objected. Republicans said Senate negotiations produced a compromise that didn't pass muster in the House.

Jim Manley, a spokesman for Majority Leader Harry Reid, D-Nev., said the Senate would attempt to retroactively bestow the jobless benefits when it returns from its spring recess April 12.

Full Story Here: http://news.yahoo.com/s/ap/20100326/ap_on_bi_ge/us_unemployment_benefits


What the heck is wrong with these people? They avoid "stealing future opportunity" by creating poverty, homelessness, crime, and starvation

when Bush was running up his debt...

Check this out:

http://www.ustreas.gov/offices/domestic-finance/debt-management/quarterly-refunding/02-01-2010/Monday%20chart%20template%20Feb%202010_Final.pdf

From page 7:

Using the above assumptions, over the next 10 years:
• Average maturity of total outstanding and average maturity of issuance settle to
approximately 68 and 79 months, respectively.
• The percent of debt with 3 years or less to maturity is projected to decline to 53%.

The document is posted here: Click on "refunding charts"

http://www.ustreas.gov/offices/domestic-finance/debt-management/quarterly-refunding/

Basically, we have to refinance republican debt under a democratic administration. The above is proof.