Tuesday
May252010
House Will Pass New Spending Bill, Says Top Democrat
Tuesday, May 25, 2010 at 2:12PM
By Alexa Gitler-Talk Radio News Service
“We will have enough votes,” said House Majority Leader Steny Hoyer (D-Md.) on Tuesday in response to the House's plans to vote this week on $190 billion in new spending.
Dubbed the American Jobs and Closing Tax Loopholes Act by Sander Levin (D-Mich.), the bill includes $1 billion for summer jobs for teens, whose current jobless rate is 25.4%, and $47 billion to extend unemployment insurance to nearly two full years.
“It is our job to promote job growth in the current economy, and we have had significant success digging out of a deep hole,” Hoyer said. “Extending unemployment insurance is necessary coming out of a presidency which resulted in a loss of 8 million jobs.”
Hoyer is hopeful that Republicans will join and give their support for the spending, however many Republicans have been very critical of the amount of spending done by the Obama administration since he was elected into office.
“We will have enough votes,” said House Majority Leader Steny Hoyer (D-Md.) on Tuesday in response to the House's plans to vote this week on $190 billion in new spending.
Dubbed the American Jobs and Closing Tax Loopholes Act by Sander Levin (D-Mich.), the bill includes $1 billion for summer jobs for teens, whose current jobless rate is 25.4%, and $47 billion to extend unemployment insurance to nearly two full years.
“It is our job to promote job growth in the current economy, and we have had significant success digging out of a deep hole,” Hoyer said. “Extending unemployment insurance is necessary coming out of a presidency which resulted in a loss of 8 million jobs.”
Hoyer is hopeful that Republicans will join and give their support for the spending, however many Republicans have been very critical of the amount of spending done by the Obama administration since he was elected into office.
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