Political Quotes

On the recordJanuary 8, 2014
As these letters show, the impact of a failure to extend unemployment benefits is very real for thousands of working families in New Hampshire. Of course, that is true, we know, across the country. Failing to pass this legislation will hurt our economic recovery in New Hampshire. It will hurt the Nation's economic recovery. The Economic Policy Institute estimates that the expiration of unemployment insurance will cost the economy 310,000 jobs, which is roughly the equivalent of a single month of job growth. We know from economists from the Congressional Budget Office that each dollar we spend on extending unemployment insurance generates about $1.50 in economic growth. It is one of the best places we can spend public dollars to try to stimulate this economy, to create jobs that can ultimately put people who are unemployed back to work. Although the unemployment rate has gone down and our economy has shown signs of recovery, we still have a lot more to do. We have to get more people back to work. There is so much on the line, for jobs, for hard-working Americans, and for our economy as a whole. We should pass this legislation on behalf of workers and families in New Hampshire and across this country. I also want to point out that I have filed an amendment to this unemployment insurance bill. I hope we will have a chance to vote on this amendment.…
Said by
Jeanne Shaheen
Democratic · New Hampshire

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