Rep. John Hall supports President's plan to create jobs and boost the economy
Washington, DC – U.S. Rep. John Hall joined a majority in the House of Representatives yesterday to pass critical legislation to create and save 3 to 4 million American jobs. The American Recovery and Reinvestment Act (H.R. 1) was approved by a vote of 244 to 188. Developed with the Obama Administration, this job creation package makes unprecedented investments in American infrastructure, transforms our economy for long-term growth, gives 95 percent of American workers an immediate tax cut, and invests quickly in the economy.
"I originally ran for Congress in 2006 because I saw that the policies of the Bush Administration were taking us towards an economic cliff," said Congressman Hall. "We're at that cliff right now and this economic stimulus will keep us from falling over. This package is the right mix of tax cuts and spending that will deliver twofold results – put people to work immediately to stimulate the economy and reinvest in America for the long-term to rebuild our economy for generations to come, making us more globally competitive and energy independent. We're creating jobs that cannot be outsourced throughout all areas of our economy – for high-tech green workers, construction workers, cops, teachers, health care workers, businessmen and women."
This jobs and economic recovery plan contains targeted efforts in:
- Transforming Our Economy With Clean, Efficient, American Energy and Innovation and Technology that will create more than 1 million jobs;
- Lowering Health Care Costs by funding aggressive adoption of health information technology, which will create hundreds of thousands of jobs, and Broadening Coverage by helping those who cannot afford health care in these tough times.;
- Modernizing Roads, Bridges, Transit and Waterways to create 1.5 million American jobs;
- Education for the 21st Century, including an increased Pell Grant for 461,816 students here in New York and a higher education tax credit for an additional 295,000 New York students so that they can stay in college despite these tough times;
- Tax Cuts of up to $1,000 for almost 7 million working families here in New York and more than $20 billion for American businesses, large and small, to spur job creation;
- Helping Workers Hurt by the Economy, including 671,500 New Yorkers that are out of work, those who have lost their health care, and seniors; and
- Saving the Jobs of Teachers and Police Officers.
The Recovery Plan has unprecedented accountability measures built in—providing strong oversight, an historic degree of public transparency, and including no earmarks.
"This jobs and recovery plan will create an estimated 390,770 jobs by the end of 2010 and reduce the unemployment rate by 2.3 percent in New York, according to leading independent economist Mark Zandi of Moody's Economy.com. To ensure that these job creation goals are met, the Obama Administration has pledged that 75 percent of these job creating investments will get into the economy in the next 18 months."
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