Dienstag, 20. Juli 2010

Sen McConnell: Must Offset Unemployment Benefits With Spending Cuts -CNN

Of DOW JONES NEWSWIRES

WASHINGTON -(Dow Jones)- U.S. Senate Minority Leader Mitch McConnell (R., Ky.) insisted Sunday that any extension of unemployment benefits be offset with spending cuts.

Remaining defiant after President Barack Obama accused the Republican leadership Saturday of obstructionism, McConnell told CNN that the administration needs to end its "incredible spending spree."

"We're all for extending unemployment insurance, the question is, when are we going to get serious...about the debt," McConnell said on CNN's "State of the Nation."

Democratic senators are expected to try another attempt Tuesday at extend unemployment benefits that expired in May, following a failure to overcome Republican opposition last month. Republicans have called for the $34 billion cost of the legislation to be paid for by spending cuts.

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