I voted for these benefits. This will represent the eighth extension of unemployment benefits since July of 2008. Of those eight bills, one has been paid for. I heard my friend on the other side so eloquently speak of the forgotten man. What about the future of this country? What about the children and grandchildren who are going to be left paying this debt? The issue isn't should we extend benefits to the unemployed. The issue is should they be paid for or should they simply add to the deficit and further compound our problems. We had testimony there from an expert who analyzed 200 years of world history and every country in the world and said that when your national debt gets to 90 percent of your GDP, which we're at now, you end up hurting the economic growth of the country by about 1 percent, and in America, that means 1 million jobs. That means by adding to the debt and deficit, we're costing jobs. Now, what we need to do is help grow this economy, and let me just say that these unemployment insurance benefits are not paid for in this bill.
Dave Camp: “I voted for these benefits. This will represent the eighth extension of unemployment benefits since July of 2008. Of…”
Editor's note · Context
The speaker discusses the implications of extending unemployment benefits without funding.
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