Posted: Mar 24, 2010 10:00 AM by Bea Karnes, News First 5
The House is expected to send another jobs bill to the Senate today, and it could mean billions of dollars in new construction projects for local governments.
It's the latest in a series of election-year jobs bills Democrats are pushing in Congress as unemployment hovers near 10 percent.
A bill combining $13.2 billion in interest subsidies for local construction bonds with $3.6 billion in tax cuts for small businesses cleared a key procedural vote in the House yesterday, 233 to 187.
The legislation would also provide states $2.5 billion for temporary welfare payments to needy families through September 2011.
Last week, President Barack Obama signed a bill that offers tax breaks to companies that hire unemployed workers.