House Passes Extended Unemployment Benefits « The Washington Independent
Yesterday it was the Senate; today the House passed legislation to extend jobless benefits at least 14 weeks nationwide.
The count was 403-12. The “nays” comprised mostly conservative Republicans who oppose the tiny employer surtax that will fund the benefit extension.
The bill will provide an additional 14 weeks of unemployment insurance in every state, with an extra six weeks going to folks in the 27 states where jobless rates have topped 8.5 percent.
“This means that they will be able to survive,” House Majority Leader Steny Hoyer (D-Md.) said before the vote. “Not thrive, but survive.”
The proposal also extends a popular $8,000 tax credit for new-home buyers, while allowing businesses to recover taxes they’ve paid in the last five years to compensate for more recent losses.
The bill now moves to the White House, where President Obama has vowed to sign it into law quickly, likely tomorrow.