And here's the full text. And here are some additional facts on "The American Jobs Act".
So what's actually in it? Take a glimpse.
President Obama tonight laid out a $450 billion job creation plan before a joint session of Congress, challenging lawmakers to repeatedly to “pass this jobs bill.” “Regardless of the arguments we’ve had in the past, regardless of the arguments we’ll have in the future, this plan is the right thing to do right now. You should pass it. And I intend to take that message to every corner of this country,” he said.
Obama called for a reduction in the payroll tax, investments in infrastructure, a plan to modernize up to 35,000 schools, as well as tax breaks for new hires and a plan to reform the corporate tax code that currently “stands as a monument to special interest influence in Washington.” Obama emphasized that many of these ideas have, in the past, garnered bipartisan support and he threw in some Republican favorites, such as approving pending free trade agreements.
The Recovery Act was a start in creating badly needed jobs, and this new American Jobs Act has the potential to create 1.9 million jobs and add 2% in GDP growth. This is what we desperately need...
Especially for us in Nevada, as yet another Brookings Institution report found that our lack of public education leads to lack of economic diversification that continues to hinder Nevada's economic recovery. This proposal from President Obama will invest in modernizing public schools, beefing up public works programs, and offering companies real incentives to hire the long-term unemployed.
I hope this is the start of President Obama shifting to a more aggressive and relentless focus on reviving the economy. We all know what the teabaggers want to do. Now, it's up to Democrats to provide a real alternative.
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