The Obama administration announced a new web site dedicated to American Jobs Act. It has its own domain, www.americanjobsact.com.
The site explains what is in the bill:
The site explains what is in the bill:
65 payroll tax cuts for 98% small businesses 5 100% expensing in 2012 175 payroll tax cuts for employees 140 public sector spendings 50 infrastructure 35 to local governments for teachers, first reponders, etc 30 rebuilding schools 10 infrastructure bank 15 rehabilitation of vacant buildings (10) national wireless initiative n/a tax cuts for hiring veterans 49 unemployment insurance reforms and extensions 8 long term unemployed 5 pathways back to work funds (incl. work-sharing)(The figures are in billions)