Sign In | Create an Account | Welcome, . My Account | Logout | Subscribe | Submit News | Home RSS
 
 
 

Benefits ripe for removal

October 10, 2012
The Leader Herald

Nearly 2,400 Americans with household incomes of $1 million or more a year received unemployment compensation benefits in 2009, the Congressional Research Office reported last week.

A published report on the situation notes eliminating such benefits "is one idea being considered" by members of Congress.

What's to "consider"?

President Barack Obama and others in Congress want to increase taxes on high-income Americans. That could dampen creation of new jobs.

But this is different. Programs such as unemployment compensation were intended to be safety nets for people who cannot reasonably be expected to cushion their own falls in times of trouble.

Millionaires do not fit in that category. Congress should stop handing them benefits they don't need.

 
 

 

I am looking for:
in:
News, Blogs & Events Web