Republican congressman James Lankford of Oklahoma wants to abolish unemployment benefits for millionaires, reports Politico
. He's sponsored a bill, described as mostly "symbolic" because it's unlikely to pass, that would that remove unemployment insurance eligibility for those belonging to the upper echelons of the income bracket.
"We need to think of all our entitlement programs to think about whether it's based on need," said Lankford, who said his targeting of the wealthy in this case "sets a principle more than anything else."
Upwards of $60 million was spent on unemployment benefits for millionaires between 2009 and 2010, Politico
notes, while also pointing to the tax code's peculiar complexity that apparently makes legislation such as Lankford's difficult to implement.
Lankford's move represents the Republican party's latching onto a broad-based resentment of the so-called "one percent," claimed
political analysts Marin Cogan and Manu Raju in 2011, when the the congressman first made his proposal:
"These measures show a tinge of populism creeping into Republican rhetoric, and an acknowledgment that constant Democratic attacks over income inequality may be having an impact."
Via Politico and lankford.house.gov