Isakson on Debt Ceiling and Unemployment Benefits

Georgia Senator Johnny Isakson appeared on Yahoo’s Daily Ticker today to talk about the passage of the recent omnibus appropriations bill, the upcoming vote to raise the debt ceiling, and a possible vote on extending unemployment benefits.

He sees the negotiations leading up to the debt ceiling vote as an opportunity to press for reduced spending, saying the government must start to reduce the amount it borrows. While he didn’t shy away from extending unemployment benefits–he has co-sponsored a bill that would add a three month paid-for extension of benefits–he said that growing the economy will ultimately be the way to provide more jobs. How to do that? First, put a two year moratorium on new federal regulations. Then reassure employers that there will be predictability in the federal budget and appropriations process.


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