Thursday, November 18, 2010
House fails to extend unemployment benefits
Yesterday, on November 17th, the house failed to pass a bill that would have extended the jobless benefits for another three months. The last extension which lasted six months costed the government $34 billion, adding more to our deficit and also causing huge debate.
Both House and Senate Democrats have said they would have liked to extend the deadline by a year, but the House settled on three months in hopes that it would pass more easily.I can understand that their are a lot of different opinions that causes debates. For the fact that millions of families are dealing with the hardships of not having a job, but also the fact that its digging a deeper hole for a our deficit which we are trying to dig ourselves out of. Its a hard call to decide wether we should help our nation in the long run or help our citizens in need now.
A Second Group of Experts Calls for Cutting Military Programs to Lower U.S. Debt
Although its an on going debate about who's the problem, I believe that even though this will cut down the defense budget its a step in the right direction. If we continue on this path we can slowly work our way out of this deficit.“Would this be easy? No,” said Gordon Adams, a professor at American University who led a team that prepared the group’s recommendations on military spending.But given that the Pentagon accounts for more than half of the government’s discretionary spending, “We think it’s a reasonable plan,” he said.
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