WKYT | Lexington, Kentucky | News

House takes up bill on infrastructure, tax cuts

WASHINGTON (AP) - 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.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus

WKYT

2851 Winchester Rd. Lexington, Ky 40509 859-299-0411 - switchboard 859-299-2727 - newsroom
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 89003917