Labor & Employment Law

Senate Passes Jobs Bill, Obama Signature Next

By Mike Hall

The Senate today passed a jobs bill that AFL-CIO President Richard Trumka calls “good start” in helping the nation’s workers climb out of the 11-million-deep jobs hole dug by the Wall Street greed that propelled the economy’s nosedive.

But he says the bill–which is on its way to the White House for President Obama’s signature–must be the first step of a broad and intensive effort to rebuild the economy.

Much more needs to be done. We need to restore the jobs that were lost to the financial debacle, and Wall Street should pay to create them. We must invest in rebuilding our crumbling infrastructure and in the green jobs of the future. We have to maintain funding for vital services by state and local governments and prevent destructive cuts in education, police and fire protection and more.

We must take the additional steps needed to extend unemployment insurance and health care lifelines to the unemployed. We must increase funding for neglected communities to match people who want to work with jobs that need to be done. And we should move right now to use leftover TARP money to get credit flowing to Main Street.

The $17.6 billion bill includes a one-year extension of the federal highway program, an extension of the Build America Bonds program that helps states finance certain infrastructure projects and tax incentives for employers to hire workers.

The Senate first passed the legislation in February, but minor changes by the House forced a second vote on the legislation.

Other pending jobs legislation includes a December-passed House bill that is a more extensive jobs bill with an emphasis on jobs-creating infrastructure projects. The next step for the bill is uncertain–Senate leaders have promised to move further jobs-related legislation, but no time table has been set.  Also this month, Rep. George Miller (D-Calif.) introduced the Local Jobs for America Act which would create or save up to 1 million public- and private-sector jobs. Jobs saved would include those such as firefighters, police and teachers and others whose jobs are in jeopardy because of local government budget cuts.

Full post as published by AFL-CIO NOW BLOG on March 17, 2010 (boomark / email).