[Public Papers of the Presidents of the United States: George H. W. Bush (1992, Book I)]
[July 3, 1992]
[Page 1078]
[From the U.S. Government Publishing Office www.gpo.gov]



Statement on Signing the Unemployment Compensation Amendments of 1992

July 3, 1992
    Today I am pleased to sign into law H.R. 5260, the ``Unemployment 
Compensation Amendments of 1992.'' This legislation would extend the 
Emergency Unemployment Compensation (EUC) program to March of next year. 
Without this extension, the EUC program would expire on July 4th.
    Unemployment has a profound effect on people's lives. The extension 
of the EUC program is consistent with my strong and sustained commitment 
to providing needed assistance to the unemployed and their families 
while the economy recovers. These benefits will provide critical support 
to unemployed Americans until they can find jobs. I am pleased that the 
Administration and the Congress worked together successfully in the last 
few days to enact this important extension of benefits.
    I call on the Congress to move rapidly on my economic growth 
package, with hopefully the same bipartisan spirit of cooperation. 
Enactment of these reforms and incentives is essential to creating the 
jobs that all Americans want. Action on them is long overdue. I urge the 
Congress now to turn to this unfinished business and to quickly enact my 
program for economic growth and job creation to ensure a strong, 
sustained recovery and long-term economic prosperity for our Nation.

                                                             George Bush

The White House,
July 3, 1992

                    Note: H.R. 5260, approved July 3, was assigned 
                        Public Law No. 102-318. An original was not 
                        available for verification of the content of 
                        this statement.