Al Franken on Nation's Budget

On Wednesday night, Sen. Franken delivered a sweeping floor speech on the state of our economy, the importance of unemployment insurance, and the problem of the deficit.

Transcript, with links to the charts used is here.

7/14/2010
bobknight33says...

The employment extension should be funded. The Dems should have taken the high road and funded it so the Republicans would still look like they are doing nothing.

The people of America are just fed up of spending.. Which ever party stops / cut spending will get the American vote.


In general I like Al. He truly feels for this country. Which is more that most of those yo yo s .

HaricotVertsays...

@ 25:10 - So frickin' true. I didn't ask for Bush's tax cuts, and I didn't want them. The effect I saw on my tax return was no more than a month's worth of groceries for myself.

They were meant to benefit the wealthy, and that's exactly what they did. To the detriment of 90% of Americans.

entr0pysays...

One thing I never hear mentioned in this debate is how it effects non-profits. I don't know how many states offer this, but in mine non-profits can opt to pay unemployment claims directly, rather than having unemployment insurance. Something that's usually a huge savings.

But non-profits still have to go along with every unemployment extension passed by congress. The result is that while for-profit companies pay their usual flat insurance fee and have the rest covered by national debt, non-profits are directly on the hook for years of unemployment benefits each case, rather than months. This at a time when non-profits are already having their budgets slashed by struggling states.

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