Grassley: Unemployment Extension Will Pass If Dems Can Pay for It

The jobs bill, which includes an extension to unemployment benefits among other provisions, could be passed if Democrats would be willing to pay for it with stimulus money and offset other spending, Sen. Chuck Grassley (R-Iowa) said in an interview with TWI sister site The Iowa Independent.

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Tax Cuts as Stimulus?

A chief criticism of the $787 billion economic stimulus bill, enacted in February, was that too large a portion went to tax cuts in lieu of spending. Critics, including some conservative economists, argued that people would simply save that money, rather than spending it to stimulate the economy. More…