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On Thursday, September 8 President Obama unveiled the American Jobs Act to the public. Part of the President’s strategy to rebuild the economy, the legislation is a set of ideas supported by both Democrats and Republicans that will help to put Americans back to work without adding anything to the deficit. It will help workers find jobs through investment projects, tax cuts for workers and for businesses, support for the long-term unemployed and more.
The American Jobs Act will make a real difference for real Americans who want to support their families, send their kids to school and save for retirement. The jobs it helps to create will be jobs in your community, for teachers laid off from state budget cuts, veterans returning from Iraq and Afghanistan, first responders, and construction workers who can help to rebuild our roads and bridges and schools. And it does more for those who have been unemployed for a long time, helping them support their families while they look for work and reforming the system to better connect them to real jobs.
Through the American Jobs Act, President Obama is rebuilding the economy the American way: based on balance, fairness and the same set of rules for everyone. It will create the jobs of the future by investing in small business entrepreneurs, education, and making things the world buys – something we know about at USTR, and why we're also working for the passage of job-creating trade agreements with South Korea, Colombia, and Panama.
The President will send the American Jobs Act to the Hill next week. Congress must act immediately to create more jobs and put more money in Americans’ pockets right now.