The Social Security Act, which contains provisions for old age insurance, welfare, and unemployment insurance, was signed into law in 1935. It makes no sense to define a change in a 75 year old program as “emergency” and therefore not subject to the same funding requirements as any other legislation.
We need safety net programs to help people who have been unable to find work. However, no responsible member of Congress can vote to add another $75 billion to this year’s $744 deficit spending.
The Congressional Budget office has identified hundreds of programs that can be reduced or eliminated. $114 Billion can be saved by reducing International Affairs programs.
Nancy Pelosi has stated that unemployment insurance will stimulate the economy. How can taking a dollar away from citizen A and giving it to citizen B stimulate the economy? It can’t and it doesn’t.
Spending $75 Billion this year and agreeing to pay it back in 2024 is typical Congressional trickery. It’s time to cancel their credit card.