Unemployment Compensation Extension Act of 2008

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Article summary (how summaries work)

According to the Web site of Rep. Nancy Pelosi, the bill:

  • Provides an additional 7 weeks of extended unemployment benefits for workers who have exhausted regular unemployment compensation (20 total weeks when combined with the 13 weeks provided earlier this year).
  • Nearly 800,000 workers are projected to exhaust their current extended unemployment benefits in October unless Congress acts.
  • Earlier this year, Congress helped 3.5 million Americans looking for jobs -- providing up to 13 weeks of extended unemployment benefits in every state to workers exhausting the 26 weeks of regular unemployment benefits.
  • Under the measure, workers in high unemployment states are eligible for an additional 13 weeks of benefits (33 total weeks).
  • Extending these benefits is one of the most cost-effective and fast-acting ways to stimulate the economy because the money is spent quickly, according to the Congressional Budget Office. Every $1 spent on unemployment benefits generates $1.64 in new economic demand. (Mark Zandi, chief economist of Moody’s Economy.com, 1/22/08)
  • The $6 billion in benefits will be paid from the Federal unemployment trust fund, which has more than enough reserves to cover the cost.[1]


Contents

Background

In September 2008, Rep. Jim McDermott introduced the Unemployment Compensation Extension Act of 2008 (H.R. 6867), which would extend unemployment benefits for those whose benefits have expired and who have not found new work. He had introduced a similar piece of legislation, Emergency Extended Unemployment Compensation Act of 2008 (H.R.5749), earlier in the 110th Congress, but it failed to pass.[2]

Voting record

On October 3, 2008, the House passed the bill by a vote of 368-28.[3]


Same for all scorecards:

Scored vote

Scorecard: Americans for Democratic Action 2008 House Scorecard

Org. position: Aye

Description:

"Unemployment Benefits Extension: Rangel (D-NY) motion to suspend the rules and pass a bill to provide seven weeks of additional unemployment benefits for workers who have exhausted their benefits by March 31, 2009, plus an additional 13 weeks for workers in states with an unemployment rate of 6 percent or higher. Passed by required two-thirds majority 368-28"

(Original scorecard available at: http://www.adaction.org/pages/publications/voting-records.php)

On November 20, 2008, the Senate passed a cloture motion to proceed by a vote of 89-6. The Senate then passed the bill with a voice vote, and President George W. Bush signed the bill into law the next day. [4]


Articles and resources

References

  1. "Unemployment Compensation Extension Act," Speaker.gov
  2. "Emergency Extended Unemployment Compensation Act of 2008," OpenCongress
  3. "Unemployment Compensation Extension Act of 2008," OpenCongress
  4. "Unemployment Compensation Extension Act of 2008," OpenCongress

External resources

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