HON. RON PAUL
OF TEXAS
IN THE HOUSE OF REPRESENTATIVES
Wednesday, March 4, 2009
2009 Ron Paul 22:1
Mr. PAUL. Madam Speaker, today I am introducing
two pieces of legislation to help the
increasing number of Americans who, because
of the recession, have lost their jobs.
The first bill, the Unemployed Tax Relief Act,
makes a laid-off workers last paycheck tax
free.
2009 Ron Paul 22:2
The second bill, the Unemployment Assistance
Act, allows unemployed people to make
penalty-free withdrawals from accounts such
as Roth IRAs and 401(k)s, to cover living expenses,
health care, education, and job training
expenses. People who make these penalty-
free withdrawals while unemployed will be
able to replenish their accounts once they
have started new jobs.
2009 Ron Paul 22:3
Madam Speaker, while we may disagree
about the best solutions to the economic crisis
gripping the nation, I hope my colleagues will
at least agree on these commonsense measures
and cosponsor the Unemployed Tax Relief
Act and the Unemployment Assistance
Act.