[Congressional Record Volume 160, Number 9 (Wednesday, January 15, 2014)]
[House]
[Page H241]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                     EXTEND UNEMPLOYMENT INSURANCE

  (Mrs. CAROLYN B. MALONEY of New York asked and was given permission 
to address the House for 1 minute.)
  Mrs. CAROLYN B. MALONEY of New York. Madam Speaker, extending Federal 
unemployment insurance will create between 200,000 and 250,000 jobs 
this year alone and boost GDP by 0.2 percentage points, according to a 
new report just issued by the Joint Economic Committee Democrats.
  For every dollar we invest in unemployment insurance, we get back 
almost $2 in economic activity. That is a great return everyone from 
Main Street to Wall Street should be able to agree on.
  The JEC Democrats' report also found that unemployment insurance is 
one of the most effective tools that we have to keep families out of 
poverty. Last year alone, the program kept nearly 2.5 million people, 
including 600,000 children, out of poverty.
  Allowing Federal unemployment insurance to expire is not only wrong 
on a moral level because it pulls the rug out from under some of our 
neediest people, it is also an absolutely terrible investment decision 
for our country's economy.
  I urge my fellow Democrats and Republicans to extend unemployment 
insurance.

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