Obama is working on his next project after having good numbers enrolled in Obamacare program. Next project would be the extension of Emergency Unemployment Compensation (EUC).
President Obama said in his weekly address that both parties in Congress required taking up emergency actions to extend unemployment insurance program, as this would not affect common man but have negative effects on American economy.
After Christmas more than 1.3 million Americans has lost their vital source of income. President Obama said in the address “We’re a better country than that. We don’t abandon our fellow Americans when times get tough; we keep the faith with them until they start that new job.”
Mr. Obama added, “Instead of punishing families who can least afford it, Republicans should make it their New Year’s resolution to do the right thing and restore this vital economic security for their constituents right now.”
Obama administration worked hard to for last five years to improve American economy. Unemployment graph showing positive indicators, depriving more than million people from Emergency Unemployment Compensation (EUC), may create instability in US economy.
This is very hard time for millions of people looking towards government to either create jobs or extend Emergency Unemployment Compensation (EUC) program.
OTHER MAJOR GLOBAL EVENTS