[Congressional Record Volume 155, Number 138 (Tuesday, September 29, 2009)] [Extensions of Remarks] [Page E2395] From the Congressional Record Online through the Government Publishing Office [www.gpo.gov] PERSONAL EXPLANATION ______ HON. CHRISTOPHER P. CARNEY of pennsylvania in the house of representatives Tuesday, September 29, 2009 Mr. CARNEY. Madam Speaker, I was unable to be here to cast my vote in support for the Unemployment Compensation Extension Act, but I strongly support the targeted extension of unemployment benefits provided by H.R. 3548. The 314,000 Americans set to lose unemployment insurance this month-- and the more than 1 million who will exhaust their benefits by the end of the year--need help to avert an even bigger financial tragedy, such as the loss of their home or a medical bankruptcy, which would ripple out into our larger economy. Extending these benefits is a cost-effective and efficient way to stimulate the economy. Every $1 spent on unemployment benefits generates $1.63 in new economic demand. Not only does it help the unemployed worker stay on top of their bills, it keeps capitol flowing through small businesses and keeps the larger economy on the right track to recovery. ____________________