On the recordFebruary 26, 2004
I have some experience with these issues. I have been in the private sector myself and been part of an organization that was about job creation, been part of an industry that has great hope for the future. The question is whether we want to take stimulus out of the economy by denying people unemployment benefits. Most Americans know that they pay into a trust fund, through their employers, and those funds are available at the Federal level in a trust fund for this program. So you can call it what you want as it relates to the Budget Act; these dollars are in a trust fund, paid into by employers on behalf of employees, and those funds can only be used for this purpose. Unfortunately, that is not what the administration is willing to own up to. Basically, it will not promise job growth after issuing a report saying there will be 2.6 million jobs. And the other side will not own up to the need for job growth or own up to helping unemployed workers.
Source
govinfo.gov




