After a 7-week long filibuster of unemployment benefits in the United States Senate, Congressman Ted Deutch (FL-19) voted to restore unemployment benefits for 2.5 million Americans. Unemployment benefits provide a critical lifeline in a time of desperation for families unable to find work and struggling to keep up with mortgage payments, grocery bills, homeowners' insurance premiums, and other expenses.
"Today, a nightmare ends for 2.5 million Americans who earned unemployment benefits while working and then lost their jobs through no fault of their own," said Congressman Deutch. "Never before has Congress turned its back on millions of unemployed Americans during such an economically trying time. It is outrageous that Republicans, who want to increase our deficit by extending Bush tax cuts for the wealthy, were willing to leave jobless Americans without assistance as they look for work and at the same time struggle to keep their families afloat."
Economists from a variety of ideological backgrounds agree that unemployment benefits are one of the most effective forms of stimulus in a depressed economy. Experts from John McCain's former advisor, Mark Zandi, to the nonpartisan economists at the Congressional Budget Office have now agreed that the numbers show unemployment benefits help businesses create new jobs by injecting money into the economy and driving up consumer demand.