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Obama: "Terrible Mistake" Not To Extend Unemployment Benefits

"Finally, the millions of Americans still looking for work. It would a terrible mistake for Congress to go home for the holidays without extending unemployment insurance. If that happens, then in January they'll be leaving 1.3 million Americans out in the cold," President Obama said today.

"If you believe that the government shouldn't take money out of people's pockets, I hope members of Congress realize it's even worse when you take its out of the pockets of people who are unemployed and pounding the pavement looking for work," he added.

"We cannot play games with unemployment insurance when we still have an unemployment rate that is way too high," Obama said.

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