Barney Frank: GOP rooting for failure

Some Republicans are rooting for the economic comeback to fail, Rep. Barney Frank (D-Mass.) said Thursday night. 

In an interview with PBS’s “NewsHour,” Frank said that some members of the GOP think they will win back control of Congress if economy continues to sputter under Democratic policies. 

“I think some of them are rooting for failure, not to go forward with unemployment compensation, not to give money to the states so they don’t add to unemployment,” he said. “The sad thing is some of my Republican colleagues, I have to be honest, don’t mind that because they think they’ll benefit from it in the congressional elections.”

Democrats and Republicans have sharpened rhetoric directed at one another heading into the November midterm elections. 

Senate Majority Leader Harry Reid (D-Nev.) also charged Republicans with rooting for failure this week. 

Republicans say that Democratic policies, such as the stimulus, have failed to create jobs, and that they have better solutions. 

But Frank, the chairman of the House Financial Services Committee, said it’s really the Republicans who are hurting the economy. 

“Yes, we have long-term deficit problem that we have to begin to work on this year,” he said. “But to choke off the counter-cyclical measures like unemployment compensation aid to the states to keep people working — that plus the crisis in Europe — has slowed down the recovery.”