House committee passes extension of unemployment benefits

In response to the growing number of workers losing their jobs and the high number of long-term unemployed workers, the House Committee on Ways and Means passed bipartisan legislation to provide an immediate extension of unemployment benefits nationwide.

The Emergency Extended Unemployment Compensation Act would:

• Immediately provide up to 13 weeks of extended unemployment benefits in every state;
• Provide an additional 13 weeks (for a total of 26) in states with high unemployment (six percent or higher); and
• Be financed by the federal unemployment trust funds, which now have more than enough reserves to cover the cost.

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