Unemployment Update: Senate to take up Jobs Bill

The Senate is  talking jobs bill. Interestingly Sen. Byron Dorgan D-ND  who just announced he is not runnign is crafting the hill, here’s wishing he could figure out a way to get RX Reimportation into it, HA!

Senate Democrats are crafting a job creation bill that would boost funding for small businesses, public services, infrastructure projects and energy efficiency programs.

…They are considering new transit and highway spending and efforts to help stave off public employee layoffs, as well as a new tax credit for businesses hiring new workers and a program providing incentives for homeowners to retrofit their homes, according to a source off Capitol Hill.

That would be similar to the jobs bill passed by Democrats in the House last month. The House bill did not include the tax credit and “cash for caulkers” proposals, which are supported by President Barack Obama…

More COBRA?

..The Durbin aide said suggestions of specific provisions in the jobs bill at this point are “pure speculation.” The aide noted that Durbin and Dorgan are still sifting through 121 ideas offered by Democratic senators.

The $174 billion House bill included $48 billion for public works projects and $28 billion to help state and local governments avoid laying off workers. It also provides money for more unemployment insurance and COBRA health benefits for the jobless and a full-year extension of the current transportation authorization bill….

January 8, 2010. Tags: , , , , , , , , . Economy, Healthcare, Labor Department, Obama Administration, Politics, Unemployment Statistics, Wall St.

%d bloggers like this: