Political Quotes

On the recordApril 10, 2014
Madam President, it has been 103 days since emergency unemployment insurance expired and 3 days since the Senate sent a bipartisan agreement to the House which would restore these benefits for up to 2.7 million Americans. These benefits are fully paid for and would lift the entire economy. That is why the nonpartisan Congressional Budget Office has estimated that failing to renew the benefits for a full year would cost the economy 200,000 jobs. We recognize our bill is a partial restoration, not a full year. The restoration we proposed will increase jobs in the economy as attested by the CBO. Unfortunately, it appears that the House has no intent to take up the Senate-passed agreement to restore these benefits before they leave town for 2 weeks. That is right if the House fails to pass what the Senate has passed on a bipartisan vote--and this was a bipartisan, fiscally responsible measure--the Speaker, who says he wants job creation, will be rejecting a portion of those 200,000 new jobs projected by the Congressional Budget Office, which is headed by his own appointee. Contrary to the criticism that our proposal does not create jobs and doesn't do anything with jobs, it does. More importantly, it restores benefits to people who are desperately looking for work in a very difficult economy, and who need these benefits to keep searching for work as well as supporting their families. In my view, the failure to act is not defensible.…
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Jack Reed
Democratic · Rhode Island

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