The GOP in Congress continue to hold extension of unemployment insurance, UI, in exchange for "CUTS."
Ok, here's a cut - Corporate Welfare.
Koch Brother's CATO Institute says Corporate Welfare costs the Taxpayer close to $100Billion per year. Using simple math, that comes to $25 Billion every 3 months.
Corporate welfare in the federal budget costs taxpayers almostThink about it:
$100 Billion a year.
~Tad DeHaven CATO Institute. July 25, 2012
Extending the unemployment insurance will cost $6 Billion for 3 months.
Corporate Welfare costs $25 Billion for 3 months.
Think about this:
Extending UI would cost $24 Billion for 12 months ... 12 months
Corporate Welfare costs $25 Billion for 3 months ... 3 months.
So, theoretically, mathematically:
IF: We cut Corporate Welfare for just 3 months ($25B)
THEN: We could "pay for" Unemployment Insurance extension for 12 months.
The "what to cut" question is simple ... we know what to "cut" in order to satisfy the "how ya gonna pay for it" crowd ... we cut Corporate Welfare (Duh).
So why doesn't anyone in the media make that simple point to the rightwinged GOP when they start whining about "how ya gonna pay for UI?"
CATO goes on to say
Corporate welfare does not aid economic growth and it is an affront to America’s constitutional principles of limited government and equality under the law.Got that? "Corporate welfare does not aid economic growth."
Yet, we know that people who get unemployment benefits buy goods and thus keep people employed (job saving) therefore, extending unemployment benefits does aid economic growth.
So, to ask the age old question again: when will the media do their job and hold politician's feet to the fire when they spout their "how we gonna pay for it" BS. I say it's BS because GOP know damn well that Corporate Welfare is what should be "cut" before any safety-net program.
The days of Walter Cronkite are long gone.