Help is on the Way for Pa's Jobless:reports Helpfulhannah

HELP IS ON THE WAY FOR
PENNSYLVANIA'S JOBLESS WORKERS

Unemployment Insurance extension signed into law today;
COBRA health care subsidy introduced

Today, President Obama signed legislation giving Pennsylvania workers who exhaust their unemployment insurance up to 20 weeks of additional coverage. This helps workers make it through until their next job. Unemployment benefits also have one of the biggest bang-for-the-buck stimulative effects as this money is spent and pumped back into the economy. Click here to learn more about the unemployment extension.

Next month, the "COBRA" subsidy, which helps unemployed workers and their families afford temporary health care coverage, will expire. That is why I joined Senator Sherrod Brown of Ohio to introduce legislation to extend this subsidy for six months. Click here to learn more about the "COBRA" health care subsidy.

Helping unemployed workers should be a priority as the economy pulls out of the recession, but we must also help businesses grow and create jobs. The legislation signed into law today by the President also extends and expands the homebuyer tax credit which has been cited as a boost to the housing industry and that is helping to put money in people’s pockets. The bill also included tax relief to help businesses who are suffering losses and allow them to keep employees or expand operations.

As the recovery bill signed into law in February continues to be implemented we must look at these proposals and others to help those suffering in the recession and to help create jobs and invest in our future.

I hope you found this helpful.

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