http://crooksandliars.com/jon-perr/gop-chooses-tax-cuts-billionaires-over-joblessGOP Chooses Tax Cuts for Billionaires Over Jobless Benefits for the Unemployed
By Jon Perr Tuesday Jun 29, 2010 7:00am
Refusing to extend unemployment benefits to 1.2 million Americans by adding to the deficit, Senate Republicans by a 41 to 57 margin on Thursday again filibustered the Democratic billion jobs bill. As it turns out, most of the roughly $35 billion still needed to pay for it could largely come from a single source: the estate tax. But thanks to the same GOP obstructionism, Republicans have chosen a one-year windfall for a handful of billionaires over millions of Americans in the throes of financial crisis.
Already scaled back from its original $200 billion price tag, the $112 billion jobs package includes tax cuts, critically needed aid to states and the extension of unemployment benefits. On Sunday, Maine Republican Olympia Snowe wrote to Harry Reid suggesting Democrats cut further by offering a stand-alone unemployment insurance bill. For a Republican Party which had no problem with deficit spending during times of prosperity, helping struggling Americans during a recession is another matter altogether, As the New York Times reported:
The Senate Republican leader, Mitch McConnell of Kentucky, has insisted that the bill not add to the deficit. Democrats argued that they had found ways to cover the entire cost of the $112 billion measure, with the exception of the $35.5 billion extension of unemployment benefits, which some Republicans said they could accept...
"The only thing Republicans have opposed in this debate are job-killing taxes and adding to the national debt," Mr. McConnell said. Anticipating that Democrats would reject his proposal, he added, "Their commitment to deficit spending trumps their desire to help the unemployed."
Of course, as they made crystal clear with the perpetual effort to kill the estate tax, Republicans' commitment to the rich trumps everything else.