$15 Billion Jobs Plan Passes the House

The US House of Representatives has approved a $15 billion jobs bill that intends to spur job creation by granting payroll tax breaks to businesses that hire new workers. The House vote was 217 to 201 with 35 Democrats voting against the measure. Six Republicans voted for the jobs bill. Among the Republicans who crossed over and voted for the bill were Don Young of Alaska, Anh Cao of Louisiana Vernon Ehlers of Michigan and Dave Camp of Michigan.

A number of progressive Democrats did not vote for the bill. This group included Maxine Waters (CA-35), Jared Polis (CO-02), Raúl Grijalva (AZ-07), Sheila Jackson-Lee (TX-18) and Barbara Lee (CA-09). Congressman Grijalva, one of the leaders of the Congressional Progressive Caucus, had dismissed the tax-credit focused bill as not “dealing with job creation.”

Other opposition to the bill came from the Congressional Black Caucus (CBC). Congressmen Bobby Rush (IL-01), Marcia Fudge (OH-11) Jesse Jackson Jr. (IL-02), Hank Johnson (GA-04) were among those who voted against the bill. On the other hand, Congressman Gregory Meeks (NY-06), one of the leaders of the Congressional Black Caucus, did vote for the bill. The CBC’s position during the month long debate on the $15 billion jobs tax credit package was fairly straightforward — CBC members don’t want to back a bill that was composed of tax breaks for business which they don’t believe will necessarily create jobs when other job-creating programs the CBC supports, such a summer youth jobs program, face an uncertain future in the Senate.

The Democratic leadership in the House, meanwhile, emphasized that this bill is just "one part" of the overall approach to job creation and that there would be additional legislation aimed at tackling the nation's highest levels of unemployment since the Great Depression in the months ahead. More on the jobs bill at the New York Times.

Tags: US Unemployment, US Labor Market (all tags)

Comments

5 Comments

Useless

This bill is wasted money and will do nothing to spur job creation, Just another example of the government pissing away taxpayers dollars. Same as the stimulus which included such notable spending as $6 million for a snowmaking machine in Duluth MN, $990,000 in money to stdy the relation between drinking alcohol in bars and casual sex.....all I am sure which will help to land unemployed workers new jobs.....You want to knwo where the money is for healthcare? Its being pissed away by the billions bu the United States Government

by BuckeyeBlogger 2010-03-05 11:29AM | 0 recs
RE: Useless

Bit hard to say it's "pissing away taxpayer dollars" when it's basically just a tax cut. Like all tax cuts it won't do a whole lot.

As for 6 million - no it's not for a "Snow machine" - it's for a Water Program that creates 70 new jobs at Duluth’s Spirit Mountain. Includes stuff like installing new Wind Turbines, creating a separate water/sewage system, etc. Anyway I'm not sure if it's actually been awarded or is simply a request from Duluth. But i'm sure the "news" program you heard about it from would have covered facts like that.

by vecky 2010-03-06 03:13PM | 0 recs
RE: Useless

Why is it necessary for the federal government to use taxpayer money for this purpose? If it wasnt a project the Federal government or the state of Minnesota woudl have funded previously, why should taxpayers fund it now. Can you show me excactly how the Stimulus did anything for the economy? Where are the jobs?

by BuckeyeBlogger 2010-03-06 10:12PM | 0 recs
RE: Useless

Why is it necessary for the federal government to use taxpayer money for this purpose?

Ummm, have you heard of something called The Depression? With the private sector in the dumps this is the time for the government to pick up the slack, not a time to go around debating the appropiate role of the state.

by vecky 2010-03-07 01:26AM | 0 recs
RE: $15 Billion Jobs Plan Passes the House

The jobs bill will do nothing. Why becuase employers arent going to hire worked to get a tax credit when it cost more to actually hire workers. Government doesnt create jobs it can only provide incentive to business and industry to do so. This bill doesnt do that. Regulation and increased taxes dont create jobs. Most industry is over regulated and overtaxed. Government creates waste....how many employees does the federal government have? How many of those employees are paid more than theri private sector counterparts. How much of the what the government does could private industry do more effificiently. The fact is that the federal government is a wasteful and bloated. Combine that with the billions in waste at the hands of congress and we actually would have the money to pay for healthcare. Of course thats not in the interest of the Federal government or congress.

by BuckeyeBlogger 2010-03-07 09:45AM | 0 recs

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