Rep. Jim McDermott: Obama's Tax Deal Good For Trust Fund Babies, 'Unfair' To The Unemployed
Democratic Congressman Jim McDermott (D-Wash) called President Obama's tax cut deal "unfair" on Sunday, during an appearance with fellow Congressman Elijah Cummings (D-MD) on CNN's "State of the Union," and accused the president of not being serious about helping the unemployed.
"If you just take one specific issue to show the unfairness of this, you have two groups of people in this country who do not have jobs," McDermott told host Candy Crowley: "You have trust fund babies and you have the unemployed."
Obama's tax cut deal "gives $68 billion to the trust fund babies with security, it's going to last two years. To the unemployed, he gives $56 billion," McDermott continued. "It's going to go for a year, and then it's sort of up to the Republican-controlled Congress to go into the second year."
"If he were serious about this unemployed, he would have put in two years, he would have demanded that he have two or three years of unemployment, because [Federal Reserve Chairman Ben] Bernanke is saying we're going to have high unemployment for the next five years. It's not going away. And any avoidance of that is simply not caring about the unemployed in this country."
McDermott's comments echoed those he made to HuffPost's Arthur Delaney last week. "One year of unemployment benefits for two years of tax breaks for the rich? What kind of deal is that?" said McDermott on Wednesday. "The rich get everything they wanted."