(alcitizens @ Sep. 09 2011,6:15 pm)
QUOTE
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.
Estimated Costs:
Tax Cuts to Help America’s Small Businesses Hire and Grow $70B
Cut employer payroll taxes in half & bonus payroll cut for new jobs/wages $65B
Extend 100% expensing in 2012 $5B
Putting Workers Back on the Job While Rebuilding and Modernizing America $140B
Teacher rehiring and first responders $35B
Modernizing schools $30B
Immediate surface transportation $50B
Infrastructure bank $10B
Rehabilitation/repurposing of vacant property (neighborhood stabilization) $15B
National wireless initiative 0*
Veterans hiring initiative n.a.
Pathways Back to Work for Americans Looking for Jobs $62B
UI Reform and Extension $49B
Jobs tax credit for long term unemployed $8B
Pathways back to work fund $5B
More Money in the Pockets of Every American Worker and Family 175
Cutting employee payroll taxes in half in 2012 175
TOTAL $447 BILLION
http://www.businessinsider.com/factshe...V3jJgNH
Skip all that. For one thing modernizing schools to me would mean less teachers and less so called mortar and brick structures.
Just bring gas back down to $1.25 a gallon.
And while we're at it I want a $20 a month smart phone too. lol
Remember boys and girls,
