July 22: Kaptur Backs Extension Of Unemployment Benefits
July 22, 2010
Kaptur noted that most unemployment benefits are turned immediately backinto the local economy to pay for essentials such as food, shelter and transportation expenses. She noted that the non-partisan Congressional Budget Office has estimated that extending unemployment benefits is the most efficient way for the government to generate economic growth. Jobless benefits, the CBO said, add $1.90 to the economy for every dollar spent, injecting demand and generating businesses for local companies.