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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