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| Hilo, Hawaii News, Sports, & Information |
Tuesday, February 9, 2010 |
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Back to Hawaii News index
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Posted: Friday, November 6th, 2009 4:42 AM HST
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House passes bill to extend unemployment benefits
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HONOLULU (AP) — Hawaii Democratic Rep. Neil Abercrombie estimates close to 47,000 island residents would benefit from a measure passed by the U.S. House.
The bill would extend unemployment benefits for 14 weeks to a total of 1.3 million jobless Americans who will exhaust their unemployment benefits by the end of the year.
Abercrombie says extending unemployment benefits for individuals and families who have been devastated by the recession is a matter of honoring everyone's responsibility to each other.
He says it's also one of the most direct and cost-effective ways to stimulate the economy.
Abercrombie says the Worker, Homeownership and Business Assistance Act of 2009 would also extend the homebuyers tax credit and tax relief for military families and businesses.
(Copyright 2009 Associated Press. All rights reserved)
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