[Congressional Record (Bound Edition), Volume 155 (2009), Part 5]
[Extensions of Remarks]
[Pages 6431-6432]
[From the U.S. Government Publishing Office, www.gpo.gov]




              INTRODUCTION OF BILLS TO HELP THE UNEMPLOYED

                                 ______
                                 

                             HON. RON PAUL

                                of texas

                    in the house of representatives

                        Wednesday, March 4, 2009

   Mr. PAUL. Madam Speaker, today I am introducing two pieces of 
legislation to help the increasing number of Americans who, because of 
the recession, have lost their jobs. The first bill, the Unemployed Tax 
Relief Act, makes a laid-off worker's last paycheck tax free.
  The second bill, the Unemployment Assistance Act, allows unemployed 
people to make penalty-free withdrawals from accounts such as Roth IRAs 
and 401(k)s, to cover living expenses, health care, education, and job 
training expenses. People who make these penalty-free withdrawals while 
unemployed will be able to replenish their accounts once they have 
started new jobs.
  Madam Speaker, while we may disagree about the best solutions to the 
economic crisis gripping the nation, I hope my colleagues will at least 
agree on these commonsense measures and cosponsor the Unemployed Tax 
Relief Act and the Unemployment Assistance Act.

[[Page 6432]]



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