Loeffler Praises Trump’s Order Cutting Expanded Unemployment Relief — After Taking Multi-Million Dollar Golden Parachute

August 11, 2020

Loeffler, who received “lucrative parting gift” from ICE, praises Trump’s order cutting federal relief by half as millions remain unemployed

ATLANTA — After previously saying she didn’t see “a big need to extend the federal unemployment insurance” as Senate Republicans allowed relief to expire, unelected “political mega-donor” Senator Kelly Loeffler was quick to praise President Donald Trump’s executive order which reduces the level of expanded federal emergency unemployment relief while leaving “states on [the] hook for billions.” But when Loeffler left her job at ICE, she took a multi-million dollar golden parachute as part of her own personal payout.

Loeffler infamously took a “lucrative parting gift” when she left ICE in the form of a “seven-figure windfall.” Her payout raised enough red flags that one corporate governance expert noted that ICE shareholders “should not view this arrangement to have been on the up-and-up.”

Yet when it comes to relief for Georgians who have lost their jobs through no fault of their own, Loeffler backed allowing crucial  supplemental benefits for hardworking Georgians to expire and praised Trump’s move to cut federal relief as “taking action” even as the economy continues to face its “worst quarter on record.”

“When Senator Kelly Loeffler left her job, she got an unseemly multi-million dollar golden parachute — but now that she’s in the Senate, she has no problem fighting against expanded unemployment relief during a recession,” said Alex Floyd, spokesman for the Democratic Party of Georgia. “While millions are struggling to keep a roof over their heads, Loeffler is praising Trump’s order to cut expanded unemployment benefits despite the devastating consequences for Georgia families.”


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