Almost 2,400 Millionaires Pocketed Unemployment Benefits

Almost 2,400 Millionaires Pocketed Unemployment Benefits

Almost 2,400 people who received unemployment insurance in 2009 lived in households with annual incomes of $1 million or more, according to the Congressional Research Service.

The report was released after about 1.1 million people exhausted their jobless benefits during the second quarter of 2012, when more than 4.6 million filed initial unemployment claims. Eliminating those payments to high earners is one idea being considered as U.S. lawmakers struggle to curb a projected $1.1 trillion deficit for the fiscal year that ended Sept. 30, with the nationwide jobless rate at 8.1 percent.

“Sending millionaires unemployment checks is a case study in out-of-control spending,” U.S. Senator Tom Coburn, an Oklahoma Republican, said in an e-mail. “Providing welfare to the wealthy undermines the program for those who need it most while burdening future generations with senseless debt.”

Rest here…

~

4closureFraud.org

Comments
3 Responses to “Almost 2,400 Millionaires Pocketed Unemployment Benefits”
  1. Mystify says:

    This is bs like everything else going on right now do mot let the 1 percent win right now vote obama!

  2. neidermeyer says:

    Almost every single Hollywood celebrity gets unemployment benefits ,, even the ones with steady work in a TV series apply for bene’s the minute filming ends for a season… finish a movie..apply for benes..

  3. Ken Hansen says:

    You have to be rich to fight for unemployment benefits. The reality is these “benefits” are now rarely available. Routinely, you must go to court to fight for this small, limited time, insurance benefit. In right to work states, it is even worse. So, people who are poor, already facing financial ruin, are also the ones who stand little chance of being able to get these benefits as they scurry to their next low paying job.
    Employers routinely contest, as well as plan, the departure of their employees, specifically to deny any ability to apply for these benefits! This is yet another example of a support system that is being broken largely by Wall Street’s continuing starvation of the public domain, States are being urge to cut everything in sight in the name of austerity. It is madness, people lose everything now ,after they lose their jobs, the rest of the economy suffers since people who are broke can’t possibly spend any money into the economy. It remains to be seen how much more brutal we are going to be to our neighbors out there who have lost their homes, jobs, and nearly everything else.

Leave a Reply