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Wednesday, February 5, 2014

Rep. Tony Cardenas (D) Wants Taxpayers To Pay Moving Expenses Of The Unemployed So They Can Move To Allegedly Look For Work

Get ready for it....Now a Dem from Cal. wants the tax payers to be on the hook for 'moving expenses' to help 'mobilize' people and allow them to move where they want to in order to look for a job. This is from the hearing today before Congress. 

Rep Tony Cardenas (D) wants to remove barriers for people to work. His suggestion: "Give the long term unemployed workers a 'lump sum' unemployment payment to help cover the moving costs so workers can move from one area of high unemployment and, perhaps, to an area with low unemployment rates in order to accept employment that would require them to move."

He goes on to say, If we were able to figure out a way to help people 'mobilize' and move to an area that has companies that are hiring, wouldn't that help the economy? To which the head of the CBO, Douglas Elmendorf, replied yes it would.  Elmendorf went on to say that the thing that he (Rep Cardenas) needs to understand is that there are a lot more people looking for work than job openings and just moving people wouldn't fix the problem. 

So now he wants the tax payers to pay moving expenses for people to move to another area of their choosing with no guarantee they will be employed. What about the people living in that area? Are they convinced that someone living in that area isn't also needing a job?

Gee does anyone else see the massive fraud that will come with this?  

Watch the full hearing here:
February 5, 2014 
U.S. Economic Outlook
Douglas Elmendorf testified on the 2014 federal budget and economic outlook.


GOP senator questions if CBO 'cooked the books' on ObamaCare

Sen. Pat Roberts (R-Kan.) demanded that leaders from the Congressional Budget Office (CBO) testify before the Senate Finance Committee on why early cost estimates of ObamaCare were so far off.

“Now the American people have to pick up the tab on the CBO errors,” Roberts said on the Senate floor Tuesday. “I’m calling for CBO to come before the [Finance] Committee. … Let the hearings begin.”

Roberts’ comments came as CBO released a report Tuesday that the Affordable Care Act, also known as ObamaCare, would cost the country 2.5 million jobs over the next 10 years.
The nonpartisan agency found the reform law’s negative effects on the economy would be “substantially larger” than what it had previously anticipated.

It said the equivalent of 2.3 million workers would be lost by 2021, compared to its previous estimate of 800,000, and that 2.5 million workers would be lost by 2024. It also projected that labor force compensation would be reduced by 1 percent from 2017 to 2024 — twice its previous estimate — and that declining economic growth would add $1 trillion more to deficits.

Roberts questioned if CBO’s error was because of political pressure in order to get enough Democratic support to pass the law in 2010.

“This is about accountability of past actions and we must ask the difficult question,” Roberts, who serves on the Finance Committee, said. “Was this political? Were the books cooked?”

The White House swiftly pushed back against the findings, seeking to dismiss suggestions from Republicans that ObamaCare has economic growth.

Budget office chief: ObamaCare creates ‘disincentive’ to work

The head of the nonpartisan Congressional Budget Office delivered a damning assessment Wednesday of the Affordable Care Act, telling lawmakers that ObamaCare creates a "disincentive for people to work," adding fuel to Republican arguments that the law will hurt the economy.

The testimony from CBO Director Douglas Elmendorf comes after his office released a highly controversial report that detailed how millions of workers could cut back their hours or opt out of the job market entirely because of benefits under the health law.

The White House and its Democratic allies accused Republicans, and the media, of mischaracterizing the findings. But Elmendorf backed Republicans' central argument -- fewer people will work because of the law's subsidies.

"The act creates a disincentive for people to work," Elmendorf said, under questioning from House Budget Committee Chairman Paul Ryan, R-Wis.
Source: Fox News



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