in a few hours this Chamber will have the opportunity to restore benefits for 1.7 million American job seekers and help reduce the national deficit by $1.2 billion. I believe my colleagues understand that this is a fiscally responsible way to help job seekers who are still struggling in the aftermath of the great recession. Unemployment insurance helps people to look for work while at the same time bolstering consumer demand and supporting the economy, which is why the nonpartisan Congressional Budget Office has estimated that renewing unemployment insurance for 1 year will save 200,000 jobs. This is an imperative. We must do it. On behalf of the families who are struggling, on behalf of our economy that needs the support, this is something which must be done. Now the question is whether we can move this critical bill forward and send help to those who are struggling through no fault of their own. Everyone understands that to qualify for unemployment insurance, they have to be working and they have to lose their job through no fault of their own, and they have to continue to search for work. The reality in this market is that there are, in many cases, three applicants for every job. We have all heard the stories when we have gone home to our States. There is a software engineer who worked for 20 years who has put out 300 resumes and who has followed people around to give them resumes.…
On the recordFebruary 6, 2014
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