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Sunday, 3 January 2010 - Will latest jobs bill really produce jobs?
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    Read more with google mobile : Will latest jobs bill really produce jobs?

    Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Africa Europe Latin America Middle East North America Will latest jobs bill really produce jobs? By JIM ABRAMS,Associated Press Writer - Monday, January 4 Send IM Story Print WASHINGTON – When the Senate takes up a jobs bill later this month or early in February, the debate will center on whether it really will create jobs and be worth plunging the government tens of billions of dollars further into debt. Republicans scoff at the "Jobs for Main Street Act" title that House Democrats put on their $174 billion package last month. They refer to it as "son of the stimulus," the $787 billion economic recovery plan of nearly a year ago that they say was ineffective at producing jobs. In its last vote of 2009, the House narrowly passed the bill, 217-212, without a single Republican supporter. Democrats tick off the job prospects from the House bill's $75 billion in infrastructure and public sector spending: tens of thousands of new construction jobs, 5,500 more police officers, 25,000 additional AmeriCorps members, 250,000 summer jobs for disadvantaged youth, 14,000 part-time jobs for parks and forestry workers. House Democrats diverted $75 billion from the Wall Street bailout fund to offset some of the costs. Opponents said that amounted to a shell game because unused bailout money is supposed to be used to reduce the deficit. The Senate, however, has less of an appetite for another costly round of economic stimulus measures, particularly with a vote on tap for Jan. 20 to again raise the ceiling on the government's total debt just a month after upping it to $12.4 trillion. ___ On the Net: Information on the bill, H.R. 2847, can be found at http://thomas.loc.gov/ Congressional Budget Office: http://www.cbo.gov/ Background on the Jobs for Main Street Act: http://tinyurl.com/yz2ryx9 Recommend Send IM Story Print Related Articles Airliner attack suspect had extremist links in UK AP - 1 hour 4 minutes ago Fla. police nab man in Thanksgiving killings of 4 AP - 1 hour 16 minutes ago Obama adviser: No smoking gun in airline bomb plot AP - 1 hour 32 minutes ago Trial of Swiss businessmen postponed AP - 1 hour 46 minutes ago Full-body scanners to be put in British airports AP - 1 hour 55 minutes ago News Search Top Stories Beat the blues by going to bed early: study Italian banks face first class action lawsuits German businesses abuse scheme to save jobs Insurer Allianz sees good year for Germany in 2010 Handball Henry still a fan favourite More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Beat the blues by going to bed early: study 'Snowbama' time in Hawaii Handball Henry still a fan favourite Italian banks face first class action lawsuits Japan Airlines 'may stop international flights' More Most Viewed » Tiger's wife Elin seeking divorce: reports British priest defends urging people to shoplift Century-old butter found in Scott's Antarctic hut Brazilian confesses to sticking needles into two-year-old Plastics component affects intestine: study More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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