The HillTube

Casey: Jobless aid should be paid for

Sen. Bob Casey Jr. (D-Pa.) on Tuesday said Congress should find a way to offset the cost of renewing federal unemployment benefits.

“I think we can find an offset and we should,” Casey said Tuesday on MSNBC. “As you know, we went a lot of years in this country providing unemployment compensation without an offset. But if that is what it takes to get it done, then I think we can get that done.”

ADVERTISEMENT
President Obama and Democrats are pressuring Republicans to pass an extension of the jobless aid that expired on Saturday for nearly 1.3 million people. The benefits, first put in place in 2008, have been going to people when state benefits run out.

While some Republicans have called for an end to the long-term benefits, Speaker John Boehner (R-Ohio) has not taken a firm position on extending the program. The GOP has indicated that any deal to extend the program would need to be offset.

The price tag for a yearlong extension of the aid is $26 billion.

Casey said closing loopholes in the tax code is a ripe target for finding offsets to fund the program.

Read more from The Hill.