Highlights of Jobs Act for Missouri - KFVS12 News & Weather Cape Girardeau, Carbondale, Poplar Bluff

Highlights of Jobs Act for Missouri

By The Associated Press

Here are some of the benefits to Missouri that the Obama administration says would be provided by passage of the American Jobs Act:

120,000 companies would receive a payroll tax cut.

The average Missouri household, with a median income of about $49,000, would get a payroll tax cut of about $1,520.

$717 million for work on highways, transit, rail and aviation improvements in the state, supporting an estimated 9,300 jobs.

$565 million to prevent job losses for teachers, police and firefighters, and for hiring of new teachers, supporting up to 9,100 educator and first responder jobs.

$422 million to modernize public schools, supporting as many as 5,500 jobs.

$72 million to refurbish and rehabilitate vacant and foreclosed homes and businesses.

$69 million to modernize community colleges.

Extend unemployment insurance, potentially preventing 40,400 Missouri jobseekers from losing benefits in the first six weeks.

Introducing a "Pathways Back to Work Fund" to help low-income youth and adults receive training in growth industries.

 

Source: The White House.

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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