Congressman Garamendi and House Democrats Extend a Lifeline to Americans Out of Work While Also Spurring Economic Activity
Republicans Vote to Drive the Unemployed Deeper into Poverty
WASHINGTON, DC – Congressman John Garamendi (D-Walnut Creek, CA) today joined other House Democrats in voting for H.R. 4213, the Unemployment Compensation Extension Act of 2010. This emergency legislation will extend unemployment benefits to 2.5 million Americans out of work through no fault of their own. The bill passed with a 272-152 vote, with only 31 Republicans siding with Americans struggling to find work. The bill now heads the President's desk for his signature.
Congressman Garamendi said, "Today, Congress did its job. We put money in the pockets of Americans who desperately need it and are certain to quickly spend it."
Unemployment benefits inject demand into the economy. According to conservative economist Mark Zandi, every $1 spent on unemployment insurance adds $1.61 to the economy. The nonpartisan Congressional Budget Office has found that extending unemployment benefits is one of the most cost-effective and fast-acting ways to grow the economy. Getting people back to work and getting our economy going is the first crucial step to getting our deficit under control.
"For weeks, Republicans used every trick in the book to deny hard working Americans emergency unemployment benefits," Congressman Garamendi added. "This was inhumane, economically irresponsible, and an unprecedented display of partisan gamesmanship at the expense of the public good."
In the face of unrelenting Republican obstructionism, Democrats and Congressman John Garamendi continue their jobs-focused agenda that began with the Recovery Act, which is responsible for over three million jobs.
"This week, I introduced three bills to revive our manufacturing sector and create jobs here in America," Congressman Garamendi said. "The American people don't want political grandstanding. They want immediate action on job creation and economic growth. Today's vote was a good step in that direction."