Madam Speaker, our economy is in trouble, and hardworking Americans across the country are bearing the weight of it. Times are especially tough for middle-class families. The labor market continues to deteriorate, the price of gasoline and food continues to rise, the value of real estate continues to decline, and millions of American households are forced up to rack up more and more credit card debt just to make ends meet. And we are not talking about frivolous expenditures. Middle class families are racking up credit card debt to do things likes paying their electric bills or buying school supplies for their children. Madam Speaker, the American people deserve better. Since the beginning of this year, when the majority first began to push for an extension of the unemployment benefits, the national unemployment rate has surged to 5.5 percent, the largest 1-month increase in 20 years.
Editor's note · Context
Discussing the economic challenges facing middle-class families and the need for extended unemployment benefits.
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