Extending Unemployment Insurance is Essential for our Economy

Friday, the White House released a new report that shows how extended unemployment insurance benefits have helped, and would continue to help, the economic recovery.  The report shows that unemployment insurance must be extended to ensure that millions of Americans are able to make ends meet and care for their families while looking for a job.

The report, prepared by the President’s Council of Economic Advisers, National Economic Council, Domestic Policy Council and the Department of Labor, found that five million workers will lose their benefits over the next year if Congress fails to extend unemployment insurance, including about 1.3 million people whose benefits will expire as soon as January. Additionally, the Council of Economic Advisers estimates that the economy will generate nearly 500,000 fewer jobs through 2014 if federally funded unemployment insurance benefits aren’t extended.

Extending and reforming unemployment insurance, along with extending the payroll tax cut and preventing taxes from going up on 160 million Americans, are critical components of the President’s plan to build a stronger middle class and a brighter future for the American people.

To learn more about how unemployment insurance provides important support for the millions of Americans looking for work and helps them return to work sooner, read the full report here.

December 16: News Roundup

Supreme Court overturns Susana Martinez veto of unemployment legislation as unconstitutional. There’s more at the Santa Fe New Mexican.

President Obama opposes the new Paul Ryan-Ron Wyden plan to end Medicare. There’s more at The Hill.

U.S. Department of Justice details patterns of discrimination by anti-immigrant extremist Sheriff Joe Arpaio of Arizona. There’s more at the Phoenix News.

The Department of Homeland Security (DHS) and Immigration and Customs Enforcement (ICE) has cut off  Arizona Sheriff Arpaio’s access to the Secure Communities program and terminated an agreement which lets his office detain individuals in the country illegally. There’s more at TPM.

The Washington Post takes on Newt Gingrich’s attempt to explain away his past ethics violations and gets four whopping Pinocchios. There’s more at the Washington Post.

The right-wing National Review devotes an entire issue to Newt-bashing. There’s more at TPM.

House Republicans have the worst environmental record in history. There’s more at ThinkProgress.

There’s another new poll of Americans on what they think of Congress. Not much! Most Americans want Congressional members to quit yesterday. There’s more at PEW Research.

New Gallup Poll show Gingrich lead among Republican voters falling fast. There’s more at the Gallup Poll.

Democrats could regain House in 2012. There’s more at The Hill.

Tea Party leader Mark Meckler arrested with handgun at LaGuardia Airport. There’s more at TPM.

New Mexico ‘Sunshine Portal’ adds state employee names and salaries to online records. There’s more at the Santa Fe New Mexican.