Following President Obama’s claim earlier today that unemployment will continue to rise, Steny Hoyer has indicated the House will extend jobless benefits.
With the unemployment rate at its highest in two decades, the U.S. House of Representatives will work to extend jobless benefits “when it becomes necessary,” House Majority Leader Steny Hoyer said on Tuesday.
Hoyer says he is hopeful the stimulus package will boost the economy soon.
On the broader issue of the shape of the U.S. economy and the possible need for additional economic stimulus, Hoyer responded, “I’m hopeful this quarter and in the next quarter of the year … that we will see some positive effect” of the $787 billion in planned government spending to pull the economy out of recession.