Extend unemployment insurance and create jobs

With one call to your representative you can help make sure unemployment insurance is continued, avert layoffs of first responders and other critical workers, retain infrastructure and summer jobs programs, as well as ensure companies can continue job-creating investments.

 

All of those highly desirable public policy objectives are in the Promoting American Jobs and Closing Tax Loopholes Act of 2010 (H.R. 4213). Federal unemployment insurance and COBRA benefits expire June 5. The measure also increases the federal share of Medicaid. This will help states avoid having to lay off first responders, teachers and other workers. 

The bill provides financing for infrastructure projects and summer jobs programs, and gives companies additional time to fund shortfalls in their pension plans that were created by the sharp drop in the stock market. This additional time allows companies to maintain investments that are vital to the creation of jobs.

  

“This legislation is critically important – both to ensure that unemployed workers continue to receive vital assistance, and to help create jobs for American workers,” said UAW President Ron Gettelfinger. “We’re proud to join with the rest of the labor movement to support this bill and continue the momentum in bringing our economy back strong.”

 

These important initiatives are paid for, in part, by closing the "carried interest" tax loophole that currently allows hedge fund managers to pay lower taxes on their income than ordinary workers.

 

Please contact your representative right away. Urge them to vote for H.R. 4213. Tell them this legislation is critically important -- both to ensure that unemployed workers continue to receive vital assistance, and to help create jobs for American workers.