The House Ways and Means Committee has passed HR 5749, The Emergency Extended Unemployment Compensation Act of 2008, which now will go to the floor of the House and be sent on to the Senate. The value of this bill is that it will both stimulate the economy and assist persons whose incomes have been cut off in this downturn.
Unemployment is escalating. Previous recessions have shown that a temporary increase of unemployment benefits is a strong stimulus of the economy. From the Catholic Social tradition: This assistance contributes to the dignity of the worker in difficult times.
Ideas for next steps:
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