HR 3346 and S1804 also known as the Emergency Unemployment Compensation Act were introduced by Democrats in both the House and Senate on November 3, 2011.  This legislation would prevent over 6 million Americans from losing their unemployment benefits next year by continuing the current Federal unemployment insurance programs through 2012.  The bills would also relieve States with Federal unemployment loans from interest charges next year, prevent higher Federal unemployment taxes in January 2012 on employers in insolvent States, and provide a solvency bonus to States without any outstanding loans.  We will be tracking this legislation and provide updates as they become available.