Political Quotes

Jack Reed: “One of the consequences of this severe financial crisis is more than 30 States have borrowed up to $35 billion from the…”

On the recordMarch 9, 2010
One of the consequences of this severe financial crisis is more than 30 States have borrowed up to $35 billion from the Federal Government to continue paying their regular unemployment compensation benefits.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Discussing the financial crisis and its impact on state unemployment benefits.

Share

More from Jack Reed

Sep 1, 2026

President Trump has been explicit about his desire to extract Venezuela's oil," Reed said in a statement.

cbsnews.com
Aug 18, 2026

While the President and his family accumulate billions of dollars through dubious deals, normal hardworking Americans are struggling just to get by.

vanhollen.senate.gov
Sep 2, 2026

It is far past time for President Trump to recognize the lasting harm that Pete Hegseth is inflicting on the Department of Defense.

theguardian.com
Sep 2, 2026

A blatant abuse of power and taxpayer dollars.

cbsnews.com

Other voices in this conversation