Rep. Charlie Wilson (OH-6) released the following statement this afternoon upon passage of the Unemployment Compensation Extension Act:
"The American people are hurting and they want to work. Until we can get everyone who wants a job working again, it's important that we continue to support unemployment insurance.
By July 17th, more than 112,000 Ohioans had lost their unemployment benefits due to the Senate's delay. Those benefits contribute to important everyday expenses like paying mortgages, health care bills, utility bills and the cost of food when there isn't a paycheck coming in, and I'm relieved that we will soon be getting that help to families soon.
I firmly believe that unemployment benefits are one of the best ways we can not only help families but quickly inject money into the economy.
In fact, analysis from the nonpartisan Congressional Budget Office (CBO) suggests that extending unemployment benefits is one of the most cost-effective and fast-acting ways to stimulate the economy."
The bill passed today now heads to the President. It willextend the Emergency Unemployment Compensation (EUC) and Extended Benefits programs through November 30, 2010. This willretroactively restore benefits to people who may have started losing their benefits in May. To help garner Senate Republican support, the bill does not extend the $25 a week increase in UI benefits.