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As Washington turns its attention to a massive $3.5 trillion reconciliation bill, every household across America should be on high alert because some Democrats want to take away the right to work.
Senate Finance Chairman Ron Wyden (D-Ore.) is championing a bill to radically overhaul America's unemployment system. The legislation would model our federal system on a California law that is so unpopular and so poorly written that emergency action was required to avoid severely disrupting the state's economy.
To repair the economic damage done by this ill-conceived policy, California's lawmakers issued more than 50 emergency exemptions to the law. You would think any law requiring that many exemptions would be viewed as a policy failure that should not be repeated. But you would be wrong. In Washington, it appears imposing that kind of fiasco is a good idea.
The Wyden Plan doubles down on California's flawed policy. But if the plan yields the same results across the country as it did in California, it will cause nationwide economic damage.
originally posted by: cmdrkeenkid
a reply to: marg6043
You know they'll (both sides of the fence) do whatever they can do to bleed us out slowly. Default would be a swift collapse and then their pig is bled dry. If they mint a coin or two they can bleed that pig and stuff their coffers a bit longer. Realistically, they'll raise the ceiling as its their best best to keep pockets lined. It's all a show.