Unemployment Benefits Extension. This bill (H.R. 5618) would extend unemployment insurance benefits through November 30, 2010 (retroactive to June 2, 2010) and provide 100 percent federal funding for the extended benefits. The unemployment insurance program is run by the states and overseen by the U.S. Department of Labor. The program allows for up to 26 weeks of benefits, but Congress has extended it several times as a response to the recession and high unemployment rates.
The House passed the bill on July 1, 2010 by a vote of 270-153 (Roll Call 423). We have assigned pluses to the nays because extending unemployment benefits provides a disincentive for finding work while adding to the cost of government and doing nothing to create jobs. Indeed, if unemployment benefits were a good solution to the unemployment problem, then why not make unemployment benefits permanent? The solution, instead, is to end government and Fed intervention in the market so the market can create more and better jobs.