AP Sources: House GOP bill renews jobless benefit

December 1, 2011 - 11:32 AM

WASHINGTON (AP) — Republican officials say legislation being drafted in the House would renew an expiring program of unemployment benefits at a time of 9 percent joblessness.

The measure also would extend a Social Security payroll tax cut. Both are due to expire at the end of the year.

The officials say the cost of provisions will be offset to avoid increasing the deficit.

The officials say the measure will be made public as early as Friday, and brought to a House vote as soon as next week.

It's the second indication in as many days that lawmakers want to wrap up the year with a compromise on legislation sought by President Barack Obama.

The officials who spoke did so on condition of anonymity to provide details in advance of a formal announcement.