As America’s unemployment numbers continue to rise, many are wondering why Congress is hesitant to pass the American Jobs Act. Is it because it’s President Obama’s proposal that the ultra right wing members of Congress are reluctant to
As America’s unemployment numbers continue to rise, many are wondering why Congress is hesitant to pass the American Jobs Act. Is it because it’s President Obama’s proposal that the ultra right wing members of Congress are reluctant to support a good bill? Or is it because we are waiting for their non- existent jobs plan? Whatever the reason, American’s need jobs right now and the American Jobs Act will provide them.
Let’s take a closer look at what the president’s plan will do to get people back to work. First, it will help America’s small businesses hire and grow by cutting payroll taxes by 50 percent. America was built on the backs of small businesses, and by giving them these options they are more likely to create more job opportunities. These types of cuts can help over 100,000 African American owned businesses.
Second, instead of giving corporate tax credits that end up doing nothing for the overall economy, he proposes to extend the payroll tax. By doing this, 18.5 million African American workers will be affected and the median family will get to keep over $1,000 more from their paychecks each year.
Third, by committing to rebuilding America’s infrastructure and revitalizing our communities, more people can go to work with a feeling of responsibility, working to improve our country.
Fourth, it will extend unemployment insurance to 1.4 million African American family heads as they continue to seek employment. It will also provide a new tax credit for businesses that hire long-term unemployed people.
Finally, this bill is paid for in a fair way – by closing corporate tax loopholes and asking the wealthiest Americans to finally pay their fair share.
The American Jobs Act isn’t just about creating jobs today, it makes sure that those jobs are jobs of the future to help American workers with good jobs and fair wages. It invests in education so our children can compete globally and it invests in small business to enable us to tap their creative talents. It makes sure that America makes goods that the world will buy. I encourage you to call, write and text your representatives in the U.S. House and Senate and urge them to pass the American Jobs Act. Let’s get America back to work!