The House Wednesday overwhelmingly approved extending the filing
deadline for unemployment benefits and the COBRA health coverage
subsidy through the end of February.
Later, the House narrowly
approved a $154 billion job creation package that would provide funding
for infrastructure projects and keep teachers and emergency personnel
on the job.
Congress
has been rushing to extend the filing deadline for the safety net
benefits before lawmakers leave for winter recess. As it stands now,
the deadline to apply for federally paid unemployment benefits and for
the 65% insurance subsidy is Dec. 31.
The measure, part
of a defense spending bill that passed by a 395-to-34 vote, would also
maintain the stimulus-funded $25 boost in unemployment benefits through
February and provide more money for food stamps.
The cost: roughly $13 billion, to be paid for by the federal government.
Congress last month passed a record-long extension
of federally paid benefits, but the law only helps those who exhaust
their lifelines by year's end. So while unemployment benefits now run
as long as 99 weeks, depending on the state, not everyone will receive
checks for that long a stretch.
Those who run out of their 26
weeks of state-paid coverage in 2010 would not be able to apply for
federal benefits unless there's an extension. The jobless currently
receiving extended federal benefits, which are divided into tiers,
would stop getting checks once they complete their tier.
If the deadline is not extended, one million jobless Americans
will lose their benefits in January. About 9 million people currently
depend on jobless benefits. One in 10 Americans are out of work and
more than a third have been unemployed for at least six months.
Lawmakers
in both chambers had introduced bills that would extend the
unemployment benefits filing deadline through 2010 or beyond. But House
Democratic leaders scaled back the effort in hopes of getting it
through the Senate more quickly.
Jobs bill
Separately, House lawmakers approved a $154 billion job creation package by a 217 to 212 vote.
The
bill would take $75 billion from the remaining Troubled Asset Relief
Program (TARP) money to fund $48 billion in infrastructure spending, as
well as send about $27 billion to the states to prevent the layoffs of
teachers, police and firefighters, according to sources within the
House Democratic leadership. Some funds would also go to providing
credit for small businesses.
The measure would pump more than $35
billion into highways and mass transit, as well as $2 billion for clean
water projects and another $2 billion for the building and repair of
affordable rental homes and public housing. The rest of the
infrastructure funds would be spent on school construction and repair.
Lawmakers
are looking to build on the $35.9 billion in infrastructure spending on
highway and transportation projects contained within the $787 billion
stimulus package. That measure created or saved more than 350,000 jobs
and resulted in $500 million in tax revenue, said Rep. James Oberstar,
D-Minn.
"We need the jobs and we need the investment in infrastructure," said Rep. Steny Hoyer, D-Md.
The
bill also includes $23 billion to help states save or create an
estimated 250,000 education jobs over the next two years. It would fund
positions for 5,000 police officers and include money to hire and
retain firefighters. It also contains about $2 billion for other hiring
and training programs, including Americorps volunteers and youth summer
jobs. The measure also provides funding for training in high growth
industries, such as health care and clean energy.
The jobs bill
also contains roughly $79 billion in emergency safety net spending. It
would provide a six-month extension to file for unemployment benefits
and the COBRA subsidy, and would lengthen the health insurance coverage
to 15 months from nine months. It would also provide more Medicaid
money to the states, an issue of great concern to them as the ranks of
those looking for state-funded health coverage swells.
States
will have faced $256 billion in budget gaps between fiscal 2009 and
fiscal 2011, according to a recent report from the National Governors
Association and the National Association of State Budget Officers.
The effort, which is not likely to be heard in the Senate until next year, comes almost two weeks after President Obama held a jobs summit at the White House.
While
the President talked about boosting infrastructure funding at the
forum, lawmakers did not incorporate his push for home
energy-efficiency incentives nor small business hiring tax credits.
Obama
has been traveling throughout the nation, pushing his job-creation
agenda. This includes the so-called "Cash for Caulkers" program, which
calls for greater incentives for homeowners to get new energy-efficient
appliances, windows and other such items.
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