Monday, September 19, 2011

The 'Jobs Act' - What Washington State WON'T get

The House and Senate Rebublican via Speaker Boehner's statement,
http://historymusings.wordpress.com/2011/09/15/full-text-september-15-2011-speaker-house-john-boehner-jobs-speech-economic-club-washington-transcript/
prefer to cut Government spending, cut taxes and reform taxes, none of which actually 'create' jobs.
http://www.economist.com/blogs/democracyinamerica/2010/02/stimulus_and_jobs_bills
So as we continue to watch our economy, our Nation stagnate and then slowly crumble, lets ponder what MIGHT have been vs. looking around us, what is.
Our Infrastructure : http://t4america.org/
Great link. You can type in your address and it'll show deficient bridges within 10 miles :
http://t4america.org/resources/bridges/
And for those saying it's not that bad : http://www.startribune.com/local/11593606.html
What is that saying ? 'Those who fail to learn from history are doomed to repeat it'.
So don't spend the money on fixing our roads/bridges. Lets just keep cutting taxes and cutting Government.
The United States of America. A third World Nation with a Military that can kill every man, woman and child on the Earth 7 times.
Is THAT the reason we should be a great Nation? Or is it that we COULD have a modern and safe infrastructure, modern and advanced educational system and a World class health care system open to all.
The 'Jobs Act' as it would effect Washington State residents.

 1. Tax Cuts to Help America’s Small Businesses Hire and Grow
•  In Washington, 150,000 firms will receive a payroll tax cut under the American Jobs Act.
2. Putting Workers Back on the Job While Rebuilding and Modernizing America
• Of the investments for highway and transit modernization projects, the President’s plan will make immediate investments of at least $741,100,000 in Washington that could support a minimum of approximately 9,600 local jobs.
• The President is proposing to invest $35 billion to prevent layoffs.
 These funds would help states and localities avoid and reverse layoffs now, and will provide $627,800,000 in funds to Washington to support up to 8,500 educator and first responder jobs.
• The President is proposing a $25 billion investment in school infrastructure.
 Washington will receive $365,100,000 in funding to support as many as 4,700 jobs.
• The President is proposing to invest $15 billion in a national effort to put construction workers on the job rehabilitating and refurbishing hundreds of thousands of vacant and foreclosed homes and businesses.
 Washington could receive about $20,000,000 to revitalize and refurbish local communities, in addition to funds that would be available through a competitive application.
• The President’s plan proposes $5 billion of investments for facilities modernization needs at community colleges.
Washington could receive $83,900,000 in funding in the next fiscal year for its community colleges.
3. Pathways Back to Work for Americans Looking for Jobs.
• Drawing on the best ideas of both parties and the most innovative states, the President is proposing the most sweeping reforms to the unemployment insurance (UI) system in 40 years help those without jobs transition to the workplace. This could help put the 133,000 long-term unemployed workers in Washington back to work.
• Alongside these reforms, the President is reiterating his call to extend unemployment insurance, preventing 46,200 people looking for work in Washington from losing their benefits in just the first 6 weeks.
• The President is proposing a new Pathways Back to Work Fund to provide hundreds of thousands of low-income youth and adults with opportunities to work and to achieve needed training in growth industries. Pathways Back to Work could place 2,600 adults and 6,900 youths in jobs in Washington.
4. Tax Relief for Every American Worker and Family
• The President’s plan will expand the payroll tax cut passed last December by cutting workers payroll taxes in half next year. A typical household in Washington, with a median income of around $60,000, will receive a tax cut of around $1,860.
5. Fully Paid for as Part of the President’s Long-Term Deficit Reduction Plan.
• To ensure that the American Jobs Act is fully paid for, the President will call on the Joint Committee to come up with additional deficit reduction necessary to pay for the Act and still meet its deficit target. The President will, in the coming days, release a detailed plan that will show how we can do that while achieving the additional deficit reduction necessary to meet the President’s broader goal of stabilizing our debt as a share of the economy.
From : http://www.whitehouse.gov/jobsact

.

No comments:

Post a Comment